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In re BGI Inc.

Movant gift card holders filed a motion seeking an order which authorized them to file untimely proofs of claim against a bookstore's chapter 11 bankruptcy estate, based on amounts that remained on consumer gift cards they held, and a motion seeking class certification on behalf of all holders of the bookstore's gift cards. A creditors' liquidating trust, as successor to the bookstore, and the trustee of the liquidating trust filed an objection.
Ruling: 
Gift card holders could not file late postconfirmation proofs of claim.
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Commercial case opionion summary, case decided on August 14,2012, LexisNexis #0912-033