Here is the Order from Judge Ferris granting the montion by the US Trustee to shorten time and limiting notice on US Trustee’s motion to dismiss the bankruptcy case.
Order Granting USTrusteeHearing 1June2012 Issued 9May2012
This order should allow for an expedited hearing and judicial action on the Motion to Dismiss that was filed by the US Trustee.
It also means he is more likely to dismiss. The question is: “what then?” The fund is still depleting the corpus. Last I heard, Fitial signed HB 17-226 into law, allowing active employees to withdraw up to 50% of their contributions. Once the stay is lifted, those withdrawals will draw down the fund more and quicken its demise.