Examples of Asbestos Committee in a sentence
Notwithstanding the foregoing, if the Effective Date occurs prior to the entry of a Final Order with respect to final fee applications of Professionals retained by order of the Bankruptcy Court during the Chapter 11 Cases, the Unsecured Creditors’ Committee and the Asbestos Committee may, at their option, continue to serve until a Final Order is entered with respect to such proceedings.
On the Effective Date, the Asbestos Committee and the Unsecured Creditors’ Committee shall each thereupon be released and discharged of and from all further authority, duties, responsibilities, and obligations relating to or arising from or in connection with the Chapter 11 Cases, and such committee shall be deemed dissolved.
No. 4247) and the Disclosure Statement Order, if Debtors reach agreement on the terms of a plan of reorganization with the Asbestos Committee that the Debtors believe, in good faith, provides for the fair and equal treatment of Future GST Asbestos Claims, Debtors may withdraw the Plan after ten (10) days’ written notice to the FCR.
All reasonable and necessary post-Effective Date fees and expenses of the Professionals retained by the Unsecured Creditors’ Committee or Asbestos Committee shall be paid by the Reorganized Debtors.
In total, there are $3.085 billion in claims that potentially could be Qualified Claims based upon agreements with the Asbestos Committee.
The duties and powers of the Asbestos Committee, and the duties and powers of its respective Professionals, will terminate on the later of: (1) completion of performance of those actions required to be executed on or about the Effective Date; and (2) resolution of any Fee Applications filed or objected to by the Asbestos Committee, or its respective Professionals.
The fees and expenses of the Asbestos Committee and its Professionals through the date that the Asbestos Committee is dissolved shall be paid by the Debtor, and after the Effective Date from administrative reserves, after entry of an order of the Bankruptcy Court authorizing such payment.
The Debtors, the Parent, Harbinger, Sterlite (USA), Inc., ASARCO Committee, the Asbestos Committee, the FCR, the DOJ, the States, and the USW are deemed to have filed a Notice of Intent, are entitled to participate in Confirmation Discovery, and shall be deemed to be a “Confirmation Participant” hereunder.
The Debtors are amending the Plan after reaching an agreement in principle with the Asbestos Committee to address the possibility that the total of Qualifying Settled Asbestos PI Trust Claims and Qualifying Settled Silica PI Trust Claims might exceed the Aggregate Settled Claims Cap of $2.775 billion after completion of medical review.
She also provided insights on which features might be important for determining COVID-19 vaccine allocation, including the number of residents in the facility, social vulnerability, and resident acuity.• Nancy Zionts, Jewish Healthcare Foundation: Nancy Zionts provided valuable information on the state of COVID-19 in Pennsylvania nursing homes, including the prevalence of infection among facilities regardless of CMS Quality Rating levels and the importance of staff as disease vectors.