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Harbour Trust Co. v. SPhinX Tr. (In re PlusFunds Group Inc.)

Harbour Trust Co. v. SPhinX Tr. (In re PlusFunds Group Inc.)

Ruling
Bankruptcy court did not err in finding that defendants in actions commenced by trustee lacked standing to object to trustee's motion to reopen or in denying the motion.
Issue(s)
Did defendants in civil proceedings filed by trustee have standing to object to trustee's motion to reopen debtor's bankruptcy and was the trustee's motion properly denied?

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Commercial opinion summary, case decided on February 10, 2014 , LexisNexis #0714-005