In re Plusfunds Group Inc.

Ruling: 
Trust company could not reopen case to extend term of trust created under chapter 11 plan.
Procedural posture: 
Movant trust company filed a motion to reopen debtor corporation's chapter 11 bankruptcy case so it could obtain permission from the court to extend the term of a trust that was created pursuant to a provision in the debtor's chapter 11 bankruptcy plan. An individual and several investment entities that were named as defendants in a civil action the trust company filed opposed the motion.
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Commercial case opionion summary, case decided on May 13,2013, LexisNexis #0613-005