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Microcap & Penny Stocks : PLNI - Game Over

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To: Jeffrey S. Mitchell who wrote (11481)10/3/2007 11:51:50 AM
From: scion  Read Replies (1) of 12518
 
When did the court approve the appointment of Bishop? I must have missed the Pacer filing.

13. Bishop is the current management of the Debtor.

14. The acts of prior management are of no consequence. See, In re The 1031 Tax Group, LLC, 2007 WL 2298245 (Bankr.S.D.N.Y. 2007) (cause did not exist for appointment of Chapter 11 trustee based on allegedly fraudulent or dishonest acts of corporate debtor’s principal prior to appointing new management).
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