Examples of Claims and Rights in a sentence
After the Effective Date, except as released in the Plan or by Bankruptcy Court order, the Liquidation Trustee shall have and retain any and all rights and defenses the Debtor had with respect to any Claims and Rights of Action immediately prior to the Effective Date.
Equity Shareholder Claims and Rights, The rights of the equity interest in the Debtor, the LLC will be retained by the Member as modified.The Reorganized Debtor shall not issue any dividends nor make any loans to shareholders until Classes 1 through 16 have been paid in full.
The Debtor has not undertaken an in depth analysis of (i) potential Avoidance Actions or(ii) potential objections to Claims and Rights of Action; therefore, the Debtor is unable to provide a meaningful estimate of amounts that could be recovered.
Non-Debtor Releases of Derivative Claims and Rights Under a Debtor’s Insurance PoliciesCertain types of involuntary non-debtor releases are also beyond the scope of this Article.
Under the Trust Agreement, the Trustee has consented to the repurchase, re- assignment and retransfer (as applicable) of such Purchased Receivables (including the Related Claims and Rights and the Related Collateral (if any)) by the Issuer.
As TexPet’s contractual rights and claims relate to its “overall project” in Ecuador, they “[can]not be dissociated” from Claimants’ “overall investment.”263(ii) The Activities, Claims and Rights Associated with the Settlement and Release Agreements Are Also Stand-Alone Investments 137.
The Plan provides that, from and after the Effective Date the Reorganized Debtor may operate its business, use, acquire or dispose of its assets, and compromise and settle Claims and Rights of Action, free of any restrictions imposed by the Bankruptcy Code, the Bankruptcy Rules, or the Bankruptcy Court, and without further notice or the opportunity for a hearing.
After the Effective Date, except as released in the Plan or by Bankruptcy Court order, the Liquidation Trustee shall have and retain any and all rights and defenses the Debtors had with respect to any Claims and Rights of Action immediately prior to the Effective Date.
Except as otherwise provided in this Plan, from and after the Effective Date the Reorganized Debtor may operate its business, use, acquire or dispose of its assets, and compromise and settle Claims and Rights of Action, free of any restrictions imposed by the Bankruptcy Code, the Bankruptcy Rules, or the Bankruptcy Court, and without further notice or the opportunity for a hearing.
This notice is only a summary of the proposed settlement, which is fully set forth in the Settlement Agreement and Release of Claims and Rights.