Examples of Consolidated Estate in a sentence
For voting purposes, each NWI Claim shall be placed into a subclass of the Class into which the Claim would have been placed had it been asserted as a Claim against the Consolidated Estate.
Under, among other things, section 547 of the bankruptcy Code, Fruit of the Loom may bring actions to recover for the benefit of the Consolidated Estate the property transferred (i.e., Cash), or its value, from a person who received such property (or the benefit of such transfer) during the 90 day period before the Petition Date, if the applicable member of Fruit of the Loom was insolvent within the meaning of the Bankruptcy Code at the time of the transfer.
The trustee shall be the exclusive trustee of the assets of the Unsecured Creditor Trust for purposes of 31 U.S.C. Section 3713(b) and 26 U.S.C. Section 6012(b)(3), as well as the representative of the Consolidated Estate appointed pursuant to Section 1123(b)(3)(B) of the Bankruptcy Code.
Notwithstanding the occurrence of the Effective Date, the Chapter 11 Trustees may continue to liquidate non-cash assets upon the agreement of the Consolidated Estate Trustee and the respective Chapter 11 Trustee.
The Consolidated Estate Trust also shall file (or cause to be filed) any other statements, returns, or disclosures relating to the Consolidated Estate Trust that are required by any Governmental Unit for taxing purposes.