Examples of Named Defendants in a sentence
On September 18, 2019, the Named Defendants filed a motion to dismiss the Plaintiff’s complaint for failure to state a claim upon which relief can be granted.
The Named Plaintiffs and the Named Defendants expressly and irrevocably waive their right of appeal as to the Judgment.
The Owners of WSI and the Named Defendants, including 3CI, agree that they will not take any action at any time which shall, directly or indirectly, have the effect of diluting the stock ownership interests owned, as of January 9, 1997, by the Named Plaintiffs and the other members of the Settlement Class or the securities to be issued by 3CI to the Named Plaintiffs and the other members of the Settlement Class pursuant to P.
The benefits to be received by 3CI, the Named Plaintiffs and the other members of the Settlement Class pursuant to this Agreement and the Judgment are the result of arms-length negotiations by representatives of the parties concerning the matters set forth in the pleadings on file in the Texas Action, and other claims that the Named Plaintiffs may have against the Named Defendants and/or any of the Released Defendants as of the execution of this Agreement, whether known or unknown.
For the avoidance of doubt, all claims and defenses of the Debtors, the Reorganized Debtors, the Named Defendants and the insurers under the D&O Liability Insurance Policies are preserved and the inclusion of this paragraph in the Confirmation Order is not a determination of any claim or issue in the Securities Litigation.
If any party to this Agreement exercises the right to withdraw from this Agreement or if this Agreement does not become effective for any reason, then: (i) the negotiations between the parties and the provisions of this Agreement shall be considered to be compromise and offers to compromise within the meaning of Rule 408, Texas Rules of Civil Evidence, and (ii) the Named Plaintiffs may resume the prosecution and the Named Defendants may resume the defense of the Texas Action.
For the further avoidance of doubt, nothing in this paragraph shall give rise to or provide a basis for the Named Defendants to assert a general unsecured claim against any of the Debtors in the Chapter 11 Cases.