Petitioning Creditors definition

Petitioning Creditors means Appaloosa Investment Limited Partnership, OCM Opportunities Fund VI, L.P., and Special Value Expansion Fund, LLC.
Petitioning Creditors means CNL, the creditors that filed the Involuntary Chapter 11 Petition against the Debtor on January 18, 2002.
Petitioning Creditors means the Debtor’s creditors that filed the involuntary petition against the Debtor on the Petition Date.

Examples of Petitioning Creditors in a sentence

  • Levene, Neale, Bender, Yoo & Brill LLP (“LNBYB”) served as counsel to the Petitioning Creditors; CK served as local counsel.

  • On the Effective Date, CEOC and the Petitioning Creditors shall consent to the dismissal, as moot, of the Involuntary Petition.

  • The involuntary petitions were filed as the parties anticipated key rulings on the ownership issue in the New York and Florida litigations.The involuntary petitions asserted claims against the Alleged Debtors for approximately $32.4 million, $28.5 million of which was based on a promissory note (the “Note”) purportedly executed by the Alleged Debtors and assigned to three of the Petitioning Creditors by a non-party, Areal Plus Group.

  • The four exhibits attached to their response consisted entirely of pleadings from the New York state case involving the ownership of Little Rest.Non-party appellant Areal, represented by the same attorney who filed the involuntary petitions on behalf of the Petitioning Creditors, also filed a memorandum and exhibit in response.

  • The Petitioning Creditors, asserting that the Alleged Debtors were “affiliates,” movedthe bankruptcy court to jointly administer the three cases and to appoint a trustee to take control and possession of the Alleged Debtors’ assets.

  • The Petitioning Creditors (joined by the Zeltser Group) moved for reconsideration of this ruling, arguing that the Redmond Group intended to include in its proposed opinion new findings and conclusions not present in the bankruptcy court’s December 29, 2011 denial of partial summary judgment.

  • The Schedule Order directed the parties to submit findings of fact rather than jury instructions, and noted that the bankruptcy court would set a trial date for “this contested matter” at the pre-trial conference.On November 18, 2011, the Examiner issued a 96-page report addressing the ownership of the Alleged Debtors and the claims of the Petitioning Creditors.

  • And recall that the district court first determined that the petition was void, yet it de- clined to hold the Petitioning Creditors in contempt.

  • The Petitioning Creditors filed their bankruptcy petition anyway.

  • The appeals of the Petitioning Creditors, Novo Advisors, and Fox Rothschild are each challenged as moot.


More Definitions of Petitioning Creditors

Petitioning Creditors means Frank Meak, The Rock Custom Homes, Inc. and Steven Louro who filed the 2019 Involuntary Petitions.
Petitioning Creditors has the meaning set forth in the Recitals.
Petitioning Creditors means Jeffrey D. & Eleanor V. Orndorff, Chandler S. Wiegand, Half Shell Partners, LLC, and William E. & Patricia Loughridge.
Petitioning Creditors means the creditors that filed the Involuntary Petition.
Petitioning Creditors means the five creditors who commenced the Involuntary Case against the Debtor, including MAG DS Corp., Amentum Services, Inc., SteelGate LLC, Momentum Decisive Solutions USA, Inc., and L3 Technologies, Inc.
Petitioning Creditors means Jeffrey D. & Eleanor V. Orndorff, Chandler S. Wiegand, and Half Shell Partners, LLC.

Related to Petitioning Creditors

  • Petitioner means a person who seeks enforcement of an order for return of a child under the Hague Convention on the Civil Aspects of International Child Abduction or enforcement of a child custody determination.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Debtors has the meaning set forth in the Recitals.

  • DIP Motion means a motion to be filed by the Debtors with the Bankruptcy Court seeking Bankruptcy Court approval of the DIP Facility, which motion shall be consistent in all material respects with this Agreement and otherwise in form and substance reasonably acceptable to the Requisite Parties.

  • Chapter 11 Cases means (a) when used with reference to a particular Debtor, the case pending for that Debtor under chapter 11 of the Bankruptcy Code in the Bankruptcy Court and (b) when used with reference to all the Debtors, the procedurally consolidated chapter 11 cases pending for the Debtors in the Bankruptcy Court.

  • Senior Creditors means creditors of the Issuer: (a) who are unsubordinated creditors of the Issuer; (b) whose claims are, or are expressed to be, subordinated to the claims of unsubordinated creditors of the Issuer but not further or otherwise; or (c) whose claims are, or are expressed to be, junior to the claims of other creditors of the Issuer, whether subordinated or unsubordinated, other than those whose claims rank, or are expressed to rank, pari passu with, or junior to, the claims of the Holders in a winding-up in respect of the Securities (and, for the avoidance of doubt, Senior Creditors shall include holders of Tier 2 Capital instruments);

  • Chapter 11 Case has the meaning set forth in the Recitals.

  • Prepetition Lenders means the lenders from time to time party to the Prepetition Credit Agreements.

  • Professional Fee Claims means all Administrative Claims for the compensation of Professionals and the reimbursement of expenses incurred by such Professionals through and including the Effective Date to the extent such fees and expenses have not been paid pursuant to the Interim Compensation Order or any other order of the Bankruptcy Court. To the extent the Bankruptcy Court denies or reduces by a Final Order any amount of a Professional’s requested fees and expenses, then the amount by which such fees or expenses are reduced or denied shall reduce the applicable Professional Fee Claim.

  • Prepetition means arising or accruing prior to the Petition Date.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Administrative Claims means (i) Claims that have been timely filed before the Administrative Claim Bar Date, pursuant to the deadline and procedure set forth in the Confirmation Order (except as otherwise provided by a separate order of the Bankruptcy Court), for costs and expenses of administration under sections 503(b), 507(b), or 1114(e)(2) of the Bankruptcy Code, including, without limitation: the actual and necessary costs and expenses incurred after the Petition Date of preserving the Estates and operating the businesses of the Debtors (such as wages, salaries, or commissions for services and payments for goods and other services and leased premises), (ii) Twenty Day Claims, and (iii) Claims timely asserted for stub rental payments under the Debtors’ leases. Any fees or charges assessed against the Estates 1 All capitalized terms not otherwise defined herein shall be subject to the definition of such capitalized terms in Article I.A. hereof. under section 1930 of chapter 123 of title 28 of the United States Code are excluded from the definition of Administrative Expense Claim and shall be paid in accordance with Article V.M of the Plan. Notwithstanding anything to the contrary herein, the filing of an Administrative Claim shall not be required in order to receive payment for any tax liability described in sections 503(b)(1)(B) and (C) in accordance with section 503(b)(1)(D) of the Bankruptcy Code.

  • Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

  • First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • Petition means a written request to the court for an order after notice.

  • Motion means a formal proposition to be discussed and voted on during the course of a meeting.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Prepetition Collateral means the collateral securing the Prepetition BP Secured Claim, including, without limitation, the Posted Collateral.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Creditors’ Committee means the statutory committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102 of the Bankruptcy Code.

  • DIP means debtor-in-possession.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.