In re Greenwich Sentry LP

Ruling: 
Scheduled funds that failed to file proofs of claim despite extension of bar date were not entitled to share in distribution.
Procedural posture: 
Debtor investment partnerships filed petitions under chapter 11 of the Bankruptcy Code, and the court appointed a trustee to liquidate the debtors' assets. Movant hedge funds sought an order declaring that they were holders of allowed limited partner interests and were entitled to distributions under the debtors' bankruptcy plans. The trustee for the debtors' liquidating trusts filed an opposition to the funds' motion.
Issue: 
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Commercial case opionion summary, case decided on June 01,2012, LexisNexis #0612-130