Examples of GUC Recovery Trustee in a sentence
The Debtors, Wind Down Estates, Plan Administrator, or the GUC Recovery Trustee, as applicable, shall exclusively be entitled to object to Claims.
If the estimated amount constitutes a maximum limitation on the amount of such Claim, the Debtors, Wind Down Estates, the Plan Administrator, or the GUC Recovery Trustee, as applicable, may pursue supplementary proceedings to object to the allowance of such Claim; provided, that such limitation shall not apply to Claims requested by the Debtors to be estimated for voting purposes only.
The GUC Recovery Trustee and the GUC Recovery Trust shall be discharged or dissolved, as the case may be, at such time as all distributions required to be made by the GUC Recovery Trustee under the Plan have been made.
After the Effective Date, the Wind Down Estates, Plan Administrator, or GUC Recovery Trustee, as applicable, shall have and retain any and all rights and defenses that the Debtors had with regard to any Claim to which they may object, except withrespect to any Claim that is Allowed.
The Debtors, Wind Down Estates, or Plan Administrator, as applicable, and the GUC Recovery Trustee shall cooperate with respect to any objections to Claims that seek to convert Claims into General Unsecured Claims, or convert General Unsecured Claims into other senior Claims, and, in each case, the rights and defenses of the Debtors, Wind Down Estates, Plan Administrator, or the GUC Recovery Trustee, as applicable, to any such objections are fully preserved.
The Debtors, Wind Down Estates, the Plan Administrator, or the GUC Recovery Trustee, as applicable, shall have no obligation to recognize any transfer or designation of such Claims or Interests occurring after the close of business on the Distribution Record Date.
Moreover, such administrative consolidation shall not affect any subordination provisions set forth in any agreement relating to any General Unsecured Claim or the ability of the GUC Recovery Trustee to seek to have any General Unsecured Claim subordinated in accordance with any contractual rights or equitable principles.
As GUC Recovery Trustee, Xxxxxx is authorized to review, object to, settle and resolve all general unsecured claims filed against the Debtors’ estates.
The GUC Recovery Trustee expects to, and other parties-in-interest may, object to any individual proof of claim that lack merit, are not timely filed by the Opt-Out Deadline, or timely filed during the Opt-Out Period, but were filed after the original deadline to file claims, are filed in excess, and/or are not supported by proper documentation, and further anticipate that the ultimate recovery on such claims, if any, will be subject to the claims allowance process.
Nelson) at the address shown above and to counsel for the GUC Recovery Trustee at the address shown below:Via Mail:Pillsbury Winthrop Shaw Pittman LLP 31 West 52nd StreetNew York, New York 10019 Attn: Leo T.