Litigation Trust Causes of Action means (a) all Claims or Causes of Action held by or on behalf of any Debtor (or any assignee of any Debtor) against the FTF Parties concerning, or on account of, the 2014 Transaction and/or any transfer of an interest of any Debtor in property provided for thereunder, including any Claims to recover the value of such transferred property, Claims arising under the Bankruptcy Code, state fraudulent transfer statutes and claims arising under state law based upon negligence, breach of fiduciary duty, lender liability, and/or other similar Claims concerning the 2014 Transaction and (b) all Claims or Causes of Action held by the Debtors or the Reorganized Debtors under any of the D&O Liability Insurance Policies related to any of the Claims described in sub-section (a) to the extent assignable to the Litigation Trust pursuant to the terms of the applicable D&O Liability Insurance Policies, all to the extent such Claims are not otherwise released or waived under the terms hereof.

Litigation Trust Causes of Action means, collectively, the Litigation Trust Debtor Causes of Action and the Litigation Trust First Lien Lender Causes of Action (as defined in Section 5.2(b)).

Litigation Trust Causes of Action means (i) any Causes of Action that the Debtors or their Estates may have that are based on or related to any and all actions taken by, or omissions of, any of the Bouchard Interested Parties in connection with the management or affairs of the Debtors prior to or after the filing of the Chapter 11 Cases;

Examples of Litigation Trust Causes of Action in a sentence

The Debtors or Reorganized Debtors, as applicable, shall provide the Litigation Trust with reasonable access to the books and records of the Debtors or Reorganized Debtors concerning the Litigation Trust Causes of Action.
In connection with the transfer of the Litigation Trust Causes of Action, any attorney-client privilege, work-product privilege, or other privilege or immunity attaching to any documents or communications (whether written or oral) to the extent related to the Litigation Trust Causes of Action shall be shared by the Litigation Trust and the Reorganized Debtors and shall vest in the Litigation Trustee and attorneys, agents, and representatives to the extent necessary to effect such shared privilege.
The amount received, if any, from the Distribution Trust (on account of the Distribution Trust Interests held) is contingent on the value obtained from the Distribution Trust Reserves and the proceeds of the Litigation Trust Causes of Action.
The Litigation Trustee shall be the estate representative designated to prosecute any and all Litigation Trust Causes of Action.
The Litigation Trustee shall be the estate representative designated to prosecute any and all Litigation Trust Causes of Action pursuant to section 1123(b)(3)(B) of the Bankruptcy Code.

More Definitions of Litigation Trust Causes of Action

Litigation Trust Causes of Action means all claims, Causes of Action, rights of action, suits, and proceedings, whether in law or in equity, whether known or unknown, which any Debtor or any Debtor’s Estate may hold against any Holder of a Claim in any of the General Unsecured Classes, other than claims explicitly released under this Plan or by Final Order of the Bankruptcy Court before the Effective Date.

Litigation Trust Causes of Action means those Claims and Causes of Action in the Plan

Litigation Trust Causes of Action means all Causes of Action of the U.S. Debtors and their Estates other than the Excluded Causes of Action, and including, without limitation: (a) Avoidance Actions; (b) any claims and proceeds of claims against Magnate S.à r.l., its managers and/or affiliates; (c) any claim against auditors and any professionals utilized by the U.S. Debtors and/or the Estates at any time (other than the Professionals retained by the Debtors in the Chapter 11 Cases); (d) the Litigation Trust's entitlements with respect to the Sinopec Recovery; and (e) all Privilege Rights.

Litigation Trust Causes of Action means all Causes of Action raised by or on behalf of any of the Debtors, including (i) the Fraudulent Transfer Action, (ii) the Preference Action and (iii) any claims or Causes of Action that the Committee or the Litigation Trustee are granted standing to pursue; provided, however, that the Litigation Trust Causes of Action shall not include the Excluded Claims.

Litigation Trust Causes of Action means, collectively, the Avoidance Actions, D&O Actions, and Objections to General Unsecured Claims.

Litigation Trust Causes of Action means the claims and causes of action assigned to the Litigation Trust pursuant to the terms of the Plan and the Confirmation Order.

Litigation Trust Causes of Action means all claims and Causes of Action of the Debtors including but not limited to those set forth on Exhibit B, and the Retained Causes of Action.