Opinion ID: 2557
Heading Depth: 1
Heading Rank: 7

Heading: Confirmation of the Debtor's Reorganization Plan and the Expungement of ReGen's Claim

Text: On December 27, 2004, the bankruptcy court approved the Debtor's Chapter 11 reorganization plan, finding that all interested parties had received proper notice and been afforded an opportunity to be heard. ReGen did not object to the reorganization plan. It asserts that it had no reason to do so because, before any challenge was raised to its filed claim, it expected to collect together with other unsecured creditors. On February 14, 2005, the reorganization plan's Liquidation Trustee, appellee Alan D. Halperin (Trustee), submitted a first omnibus objection to remaining claims against the bankruptcy estate, notably including pre-petition contract defaults that were cured as part of the contracts' assumption. ReGen's Claim No. 26 was listed in an attached exhibit to the Trustee's filing as falling within this category of paid claims. ReGen challenged the Trustee's objection, whereupon the parties proceeded to a hearing before the bankruptcy court. Ruling in favor of the Trustee, the court found that ReGen's predecessor in interest, AT & T, had received unambiguous notice of the cure-claims bar date. Further, the bankruptcy court ruled that, because ReGen had not presented a timely challenge to the Plan confirmation, it could not do so now. Accordingly, by order dated December 22, 2005, the bankruptcy court expunged ReGen's claim in its entirety.