Claims-objection deadline extended through December 2026
The court gave Plan Administrator Ankura Trust Company through December 28, 2026 to object to claims, replacing the June 30 deadline and granting the approximately six-month extension requested in June. The extension order took effect immediately and was entered without a formal hearing after the court found that notice and the opportunity for a hearing were sufficient, eliminating the need to adjudicate the motion on July 27.
Ankura’s extension motion said it still must pursue asset recoveries, handle tax filings and tax claims, terminate the debtor’s 401(k), complete corporate dissolutions across multiple countries, and reconcile unresolved claims through negotiations and formal objections. The extended deadline preserves Ankura’s ability to contest invalid, duplicate, or unsupported claims while those wind-down tasks continue, protecting the recoveries of holders with valid claims.