Aurora Litigation definition

Aurora Litigation means Allonhill, LLC v. Aurora Bank, FSB (Case No. 12CV6381) in the District Court for the City and County of Denver, Colorado, and any related proceedings in appellate courts of the State of Colorado or the United States.
Aurora Litigation means Allonhill, LLC v. Aurora Bank, FSB (Case No. 12CV6381) in the District Court for the City and County of Denver, Colorado.

Examples of Aurora Litigation in a sentence

  • In August 2013, when the Allonhill sale to SLS closed, the Aurora Litigation was in the discovery phase.

  • The Reorganized Debtor or its successor may pursue such retained claims, demands, rights or Causes of Action, Litigation Rights or Avoidance Actions, including, without limitation, the Aurora Litigation or the SLS Claims, as appropriate, in accordance with the best interests of the Reorganized Debtor or its successor holding such claims, demands, rights, Causes of Action, Avoidance Actions or Litigation Rights.

  • In addition to the clear benefit of overturning the Aurora Judgment, the Debtor’s liability insurance carrier, XL, has asserted its rights under the terms of its policy with the Debtor to recover $3.13 million for fees and expenses advanced in connection with the Aurora Litigation.

  • The SLS APA excludes other assets and liabilities, in particular, liabilities relating to the Aurora Litigation discussed in Article III.B of this Disclosure Statement.Stewart has certain indemnification rights against the Debtor for damages incurred by Stewart as a result of “Aurora Losses” as defined by the SLS APA.

  • The Aurora Litigation and the XL Claim are discussed in detail in Article IV.B. of this Disclosure Statement.

  • For the avoidance of doubt, nothing herein constitutes or shall constitute a waiver, release, or discharge by Aurora of the Debtor or compromise by Aurora of rights against the Debtor with respect to the Aurora Litigation.

  • The Reorganized Debtor or its successor may pursue such retained claims, demands, rights or Causes of Action or Litigation Rights, including, without limitation, Avoidance Actions, the Aurora Litigation or the SLS Claims, as appropriate, in accordance with the best interests of the Reorganized Debtor or its successor holding such claims, demands, rights, Causes of Action or Litigation Rights.

  • XL has also filed a proof of claim, alleging a right to recover costs and expenses advanced in connection with the Aurora Litigation and the appeal of the Aurora Judgment.

  • The Debtor’s scheduled, unsecured non-priority obligations total approximately$34,553,051,16, consisting of the judgment of $25,845,329 and pre-judgment interest awarded to Aurora, $3,130,469.97 claimed by XL Insurance Company (“XL”) for reimbursement of fees and expenses advanced in connection with the Aurora Litigation (as described in Article 11.B. hereof), and an additional amounts claimed by various trade creditors and governmental creditors.

  • For the avoidance of doubt, nothing herein constitutes or shall constitute a waiver, release, discharge or compromise by the Debtor, its Estate or the Reorganized Debtor with respect to the Aurora Litigation or the SLS Claims...

Related to Aurora Litigation

  • Transaction Litigation has the meaning set forth in Section 5.2(d).

  • Threatened litigation as used herein shall include governmental investigations and civil investigative demands. “Litigation” as used herein shall include administrative enforcement actions brought by governmental agencies. The Grantee must also disclose any material litigation threatened or pending involving Subcontractors, consultants, and/or lobbyists. For purposes of this section, “material” refers, but is not limited, to any action or pending action that a reasonable person knowledgeable in the applicable industry would consider relevant to the Work under the Grant Agreement or any development such a person would want to be aware of in order to stay fully apprised of the total mix of information relevant to the Work, together with any litigation threatened or pending that may result in a substantial change in the Xxxxxxx’s financial condition.

  • Pending Litigation means a proceeding in a court of law whose activity is in progress but not yet completed.

  • Litigation means any lawsuit, action, arbitration, administrative or other proceeding, criminal prosecution or governmental investigation or inquiry.

  • Material Litigation means any litigation that, according to

  • Lawsuit means any lawsuit, arbitration or other dispute resolution filed by either party herein pertaining to any of this Warrant, the Facility Agreement and the Registration Rights Agreement.

  • Complaint Investigation means an investigation of any complaint that has been made to a proper authority that is not covered by an abuse investigation.

  • Disclosed Litigation has the meaning specified in Section 3.01(b).

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • Plaintiffs’ Releasees means Plaintiffs, and any and all of their related parties, including, without limitation, any and all members of their immediate families, agents or other persons acting on their behalf, attorneys, advisors, financial advisors, accountants, assigns, creditors, heirs, estates and legal representatives.

  • Litigation Trust means the trust to be established on the Plan Implementation Date at the time specified in section 6.4(p) in accordance with the Litigation Trust Agreement pursuant to the laws of a jurisdiction that is acceptable to SFC and the Initial Consenting Noteholders, which trust will acquire the Litigation Trust Claims and will be funded with the Litigation Funding Amount in accordance with the Plan and the Litigation Trust Agreement.

  • Class Counsel Litigation Expenses Payment mean the amounts allocated to Class Counsel for reimbursement of reasonable attorneys’ fees and expenses, respectively, incurred to prosecute the Action.

  • dispute resolution proceeding ’ means any process in which an alternative means of dispute resolution is used to resolve an issue in controversy in which a neutral is appointed and specified parties participate;

  • Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund).

  • Legal Action means and includes any claim, counterclaim, demand, action, suit, counterclaim, arbitration, inquiry, proceeding or investigation before any

  • Plaintiffs’ Counsel means Lead Counsel and all other legal counsel who, at the direction and under the supervision of Lead Counsel, performed services on behalf of the Settlement Class in the Action.

  • Defendants’ Releasees means Defendants and their current and former parents, affiliates, subsidiaries, officers, directors, agents, successors, predecessors, assigns, assignees, partnerships, partners, trustees, trusts, employees, Immediate Family Members, insurers, reinsurers, and attorneys.

  • Civil action means all suits or claims of a civil nature in a state or federal court, whether cognizable as cases at law or in equity or admiralty. "Civil action" does not include any of the following:

  • Third Party Infringement Claim has the meaning set forth in Section 23.5.1.

  • Mediation means any process in which a mediator facilitates communication and negotiation between the parties to assist them in reaching a voluntary agreement regarding their dispute.

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Infringement Claim has the meaning set forth in Section 8.2(a).

  • Infringement Action has the meaning set forth in Section 9.6(b).

  • Hearing aid means an instrument or device designed for regular and constant use in or proximate to the human ear and represented as aiding or improving defective human hearing.

  • Hearing means an oral hearing and includes a hearing conducted in whole or in part by video link, telephone or other means of instantaneous two-way electronic communication;

  • Unresolved Claims has the meaning set forth in Section 7.6(c).