Common Contracts
1 similar Liquidating Trust Agreement contracts
LIQUIDATING TRUST AGREEMENTLiquidating Trust Agreement • October 14th, 2020 • Delaware
This Liquidating Trust Agreement (“Liquidating Trust Agreement” or “Agreement”), dated as of October 1, 2020, by and between Promise Healthcare Group, LLC, et al., debtors and debtors in possession (the “Debtors”), and Robert Michaelson of Advisory Trust Group, LLC (the “Liquidating Trustee” or “Trustee”), is hereby being executed to facilitate the implementation of the Second Amended Joint Plan of Liquidation of Promise Healthcare Group, LLC and Its Debtor Affiliates (as amended, modified or supplemented, the “Plan”), which provides for the establishment of the Liquidating Trust (as defined below) created by this Liquidating Trust Agreement and the administration and disposition of the Liquidating Trust Assets (as defined below), all for the benefit of the holders of certain Claims1 as set forth in the Plan. The Liquidating Trustee’s powers and duties are as set forth herein.
