Thursday, April 10, 2008

New Deadline For Filing Proofs of Claim in the SSH Case

Trustee James F. Lisowski filed and served a Trustee's Notice of Finding Assets, Notice to File Proof of Claim and Notice of Time Limitation on March 31, 2008. Many of our clients have asked us about this Notice. Here is what you need to know: (1) The trustee has found assets in the estate from which a payment of dividends to creditors appears possible; (2) The deadline for creditors to file a proof of claim has been extended from the former date of June 9 to July 7, 2008; and (3) If you are our client, we will file the Proof of Claim for you. We will be filing the proofs of claim for you in April and May, long before the July 7 deadline. We will contact our clients one by one if and when we need additional information from you to prepare the proof of claim. We will notify each and every one of our clients by e-mail when his or her proof of claim has been filed.

There is a typo in the Notice sent out by the Trustee. The Case Number refers to the Silver State Helicopters, LLC bankruptcy, but the caption says "Silver Helicopters." This is not a third Silver State case, it is simply the Silver State Helicopters, LLC bankruptcy case.