Examples of Bondholder Parties in a sentence
Moreover, in accordance with Local Bankruptcy Rule 9013-1(a)(2), undersigned counsel certified that counsel has carefully examined the matter and concluded that there is a true need for expedited consideration of the Urgent Motion, and that the Bondholder Parties and the PREPA Bond Trustee have not created the urgency through lack of due diligence on their part.
The real proponents of the liens’ validity, however, remains the Bondholder Parties, and they are thus in the best position to provide the Court with the arguments supporting the liens that demonstrate the ultimate potential for success and thus risk to the Government Parties of loss.
Accordingly, the Bondholder Parties seek leave to file a Supporting Statement of no more than 100 pages – essentially a quarter of what has been filed by the other side.
No prior request for the relief requested herein has been made by the Bondholder Parties to this or to any other court.WHEREFORE, the Bondholder Parties respectfully request that this Court enter an order substantially in the form attached hereto as Exhibit A granting the relief requested herein andgranting such other relief as this Court deems just and proper.
The Bondholder Parties understand that the Government Parties’ position is that, given the totality of the circumstances, the RSA falls well within the zone of reasonableness.
The Bondholder Parties and the PREPA Bond Trustee submit that this request is reasonable and appropriate in light of the circumstances described above.
The Bondholder Parties disagree and seek to respond to objections to the 9019 Motion, explain to the Court why the settlement falls well within the range of reasonableness, and provide the Court with appropriate guideposts in connection with consideration of approval of the RSA.
The Bondholder Parties respectfully submit that an adequate discussion of the numerous claims and arguments raised in the various objections to the 9019 Motion and related filings warrants an extension of any applicable page limitation.
The Bondholder Parties have stated elsewhere and continue to take the position that their lien is on all revenues, not just Net Revenues.
In principle, I am in support of the proposed procedure for rent reviews.