Specifically tri wants to change administrator that would make payouts to creditors following approval of plan.
Current plan calls for trups to share in any excess cash in Corus estate after high ranking creditor debts are paid including dusputed claim filed by fdic. Bank asking for extension to may 30 to gain creditor support for its plan so it can continue to negotaite with tricadia.
Hearing on extension set for march 31.
From DJ bankruptcy review. Can't be cut and pasted.
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