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Microcap & Penny Stocks : PLNI - Game Over

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To: scion who wrote (12009)2/6/2008 11:43:29 AM
From: scion   of 12518
 
02/06/2008 369 Application to Approve Appointment of Trustee. (Attachments: # 1 Continuation of Main Document Verified Statement of James Lyon, # 2 Proposed Order) (Daugherty, John) (Entered: 02/06/2008)
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Doc 369

In re:
Case No. 07-50934
Chapter 11
Plasticon International, Inc.
Debtor.

MOTION TO APPROVE APPOINTMENT OF TRUSTEE

Richard F. Clippard, United States Trustee, by counsel, applies to this Court, pursuant to Rule 2007.1(c) of the Federal Rules of Bankruptcy Procedure, for an Order approving the appointment of James D. Lyon as successor trustee. In support, the United States Trustee states:

1. This Court on October 4, 2007 (Docket # 262) previously ordered the United States Trustee to appoint a trustee in this case.

2. The United States Trustee appointed Stephen Palmer to serve as trustee on October 5, 2007 (Docket #265), and said appointment was approved by this Court on October
10, 2007 (Docket #271).

3. Stephen Palmer resigned as trustee of this case on January 31, 2008 (Docket #366).

4. The United States Trustee has consulted with counsel for the Debtor, the Unsecured Creditors Committee, and Pro Plas LLC regarding trustee candidates.

5. Based upon these consultations, and internal deliberations, the United States Trustee appointed James D. Lyon as successor trustee. Mr. Palmer presently serves as a chapter 7 trustee in the Eastern District of Kentucky.

6. To the best of the United States Trustee’s knowledge, Mr. Lyon’s connections with the Debtor, creditors, any other parties-in-interest, their respective attorneys and accountants, the United States Trustee and persons employed in the Office of the United States Trustee, are limited to those set forth in the attached Declaration.

WHEREFORE, the United States Trustee respectfully requests that this Court enter an Order Approving the Appointment of James D. Lyon as successor trustee.

Dated: February 6, 2008
Richard F. Clippard
United States Trustee, Region 8
By Counsel
/s/ John L. Daugherty
John L. Daugherty
Assistant United States Trustee
100 E. Vine St. Suite 500
Lexington KY 40513
(859) 233-2822
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