MEMORANDUM OPINION TERRENCE L. MICHAEL , CHIEF JUDGE UNITED STATES BANKRUPTCY COURT . Organizing a business as a limited liability company, or LLC, under state law can provide various benefits to the owners, such as protecting the owners from any debts of and judgments against the business. In Oklahoma, in order to take advantage of these benefits, owners are required to register an LLC with the Oklahoma Secretary of State, and maintain that registration through the filing of annual...
MEMORANDUM OPINION TERRENCE L. MICHAEL , CHIEF JUDGE , UNITED STATES BANKRUPTCY COURT. This case presents the narrow question of whether a Chapter 13 trustee can file an objection to an unsecured claim after confirmation of a Chapter 13 plan. The creditor says no, arguing that once the plan is confirmed, all claim issues are precluded by the order of confirmation. The Chapter 13 trustee disagrees, arguing that neither the Bankruptcy Code nor the Bankruptcy Rules contain a deadline for...
