Date of Decision:
November 27, 2007
Whether an objection to the chapter 7 trustee's final report and proposed distribution should be sustained where the objector argued some personal injury settlement funds the trustee proposed to distribute belonged to it, not the bankruptcy estate?
The objection was overruled as untimely. The objector had earlier, more appropriate opportunities to raise its ownership argument regarding the subject funds, but failed to do so.
Full Bankruptcy Court Decision: