Mr. Waske, who did not participate in any capacity in the formation of the Plan, is not a plan proponent and does not point to any evidence that would imbue him with standing to reclassify the claims.6 Even if he were a plan proponent, Mr. Waske’s effort to reclassify certain Class 10B claims to Class 4 almost ten years after the Plan was finalized would upset the expectations of creditors. 7
Accordingly, there was no error in the bankruptcy court’s legal analysis, nor were there any clearly erroneous findings of fact.
this is the full paragraph, I only posted the ending bit of it.