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Rochelle's Daily Wire

Caution: Trusts Under a Plan Might Dissolve Automatically If Not Extended

Language in the documents prevented trusts from dissolving automatically when the trustee missed a deadline for extending the duration of the trusts, Judge Isgur said.

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Opinion Link

Case Details

Case Citation

In re Black Elk Offshore Operations LLC, 15-34287 (Bankr. S.D. Tex. Aug. 21, 2020)

Case Name

In re Black Elk Offshore Operations LLC

Case Type

Business