Prepackaged Chapter 11 Case definition

Prepackaged Chapter 11 Case means the case under chapter 11 of the Bankruptcy Code, commenced by the Debtor in the Bankruptcy Court.
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Examples of Prepackaged Chapter 11 Case in a sentence

  • In accordance with section 1109(b) of the Bankruptcy Code, nothing in this Article V shall preclude any party in interest from appearing and being heard on any issue in the Prepackaged Chapter 11 Case.

  • This list will be maintained until the entry of an order and/or final decree concluding the Prepackaged Chapter 11 Case.

  • This Agreement, the other Loan Documents, and all Liens and other rights and privileges created hereby or pursuant hereto or to any other Loan Document shall be binding upon each Credit Party, the estate of each Borrower, and any trustee, other estate representative or any successor in interest of Borrower in any Prepackaged Chapter 11 Case or any subsequent case commenced under chapter 7 of the Bankruptcy Code, and shall not be subject to Section 365 of the Bankruptcy Code.

  • With respect to a Prepackaged Chapter 11 Case, no further distribution of the plan and disclosure statement (or other solicitation document) beyond that which occurred pre-petition is required unless requested by a party in interest.

  • Generally, the purpose of First Day Orders in a Prepackaged Chapter 11 Case or Prenegotiated Chapter 11 Case is to address administrative matters and facilitate the transition of the Debtor to debtor in possession status, and to ensure that the Debtor's business and operations are stabilized and conducted in a manner consistent with past practice and the proposed plan, pending consideration of confirmation of that plan.

  • The hearings on the Debtor's compliance with either 11 U.S.C.§ 1126(b)(1) or 11 U.S.C. § 1126(b)(2), as applicable, and on confirmation of the plan in a Prepackaged Chapter 11 Case should be combined whenever practicable.EXHIBIT “A” UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF NEW YORK In re[NAME], Debtor.

  • As soon as practicable following the filing of a Prepackaged Chapter 11 Case or Prenegotiated Chapter 11 Case, the Debtor should furnish to the judge assigned to the chapter 11 case, two (2) paper copies of the plan, the disclosure statement (or other solicitation document), First Day Motions (as defined below) (with proposed orders attached as exhibits), any other filed motion and any order to show cause on which the Court’s signature is requested.

  • Any default with respect to any Class 1 Claim that existed immediately prior to the filing of the Prepackaged Chapter 11 Case shall be deemed cured upon the Effective Date.

  • All such applications should be filed in accordance with Administrative Order No.556, “Adoption of Bar Date Order Guidelines”, dated March 29, 2010 (the “Bar Date OrderGuidelines”); provided, however, that the Debtor in a Prepackaged Chapter 11 Case may disregard the suggested timing in Paragraph 1 thereof concerning when the application should be filed.

  • At least three (3) days prior to the anticipated filing date of the Prepackaged Chapter 11 Case, the Debtor should (i) notify the United States Trustee for the Eastern District of New York (the “United States Trustee”) of the Debtor's intention to file a Prepackaged Chapter 11 Case, and(ii) supply the United States Trustee with two (2) copies of the Debtor's plan and disclosure statement (or other solicitation document).

Related to Prepackaged Chapter 11 Case

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

  • 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.

  • Bankruptcy Cases has the meaning set forth in the Recitals.

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

  • Bankruptcy Case has the meaning assigned to such term in Section 2.05(b).

  • DIP Motion means the motion and proposed form of Interim DIP Order filed by the Loan Parties with the Bankruptcy Court on the Petition Date or as soon as reasonably practicable thereafter seeking approval, on an interim and final basis, of (among other things) the DIP Facility, and authorization for the use of cash collateral (including such terms and conditions relating to adequate protection in connection therewith), in each case, in form and substance acceptable to the Agent and the Required Lenders.

  • CCAA means the Companies’ Creditors Arrangement Act (Canada).

  • Bankruptcy Court has the meaning set forth in the Recitals.

  • Chapter 11 Plan means a plan of reorganization or liquidation filed in any of the Chapter 11 Cases under Section 1121 of the Bankruptcy Code.

  • Approval Order means (i) an order in the form attached hereto as Exhibit 2; or (ii) in the event of a timely objection to the motion to approve the Agreement that if sustained would reduce the full Settlement Amount available to pay Asbestos-Released Claims, an order in such form agreed to in writing by the Parties, entered by the Bankruptcy Court that (a) approves this Agreement, (b) authorizes the Parties to undertake the settlement and the sale of the Subject Policies as set forth in this Agreement, and (c) provides for the Injunction.

  • Reorganization Cases means the cases filed by the Debtors under Chapter 11 of the Bankruptcy Code.

  • Sale Motion means the motion or motions of Sellers filed with the Bankruptcy Court seeking approval and entry of the Sale Order.

  • U.S. Bankruptcy Court means the United States Bankruptcy Court for the Southern District of New York.

  • CCAA Proceedings means the proceedings commenced by the Applicant under the CCAA as contemplated by the Initial Order;

  • Final Order means, as applicable, an order or judgment of the Bankruptcy Court or other court of competent jurisdiction with respect to the relevant subject matter that has not been reversed, stayed, modified, or amended, and as to which the time to appeal or seek certiorari has expired and no appeal or petition for certiorari has been timely taken, or as to which any appeal that has been taken or any petition for certiorari that has been or may be filed has been resolved by the highest court to which the order or judgment could be appealed or from which certiorari could be sought or the new trial, reargument, or rehearing shall have been denied, resulted in no modification of such order, or has otherwise been dismissed with prejudice.

  • Final Approval Order means the proposed Order Granting Final Approval to the Settlement, to be entered by the Court with terms to be agreed upon by the Parties and consistent with this Agreement.

  • Bid Procedures Order means an Order of the Bankruptcy Court that (a) is in substantially the form set forth as Exhibit A to this Agreement or otherwise in a form reasonably satisfactory to the Sellers and acceptable to the Buyer in its sole discretion, and (b) approves procedures for the solicitation and consideration of competitive bids for the Assets under the terms and conditions of this Agreement and authorizing the protections set forth in Article 11 for the Buyer.

  • Sale Order means an order or orders of the Bankruptcy Court in form and substance reasonably acceptable to Buyer and Sellers approving this Agreement and all of the terms and conditions hereof, and approving and authorizing Sellers to consummate the transactions contemplated hereby.

  • Plan of Reorganization means any plan of reorganization, plan of liquidation, agreement for composition, or other type of plan of arrangement proposed in or in connection with any Insolvency or Liquidation Proceeding.

  • COVID-19 case means a person who:

  • Bankruptcy Proceedings has the meaning set forth in clause (b) of paragraph 9 hereof.

  • Preliminary Approval Order means the order preliminarily approving the Settlement Agreement, certifying the Settlement Class for settlement purposes, and directing notice thereof to the Settlement Class, which will be agreed upon by the Parties and submitted to the Court in conjunction with Plaintiffs’ motion for preliminary approval of the Agreement.

  • Sale Hearing means the hearing of the Bankruptcy Court to approve the Sale Procedures and Sale Motion and enter the Sale Approval Order.

  • Final Approval Order and Judgment means an order and judgment that the Court enters after the Final Approval Hearing, which finally approves the Settlement Agreement, certifies the Settlement Class, dismisses the Action with prejudice, and otherwise satisfies the settlement-related provisions of Federal Rule of Civil Procedure 23, and is consistent with all material provisions of this Agreement, substantially in the form annexed hereto as Exhibit 5.

  • Final Approval Hearing means the hearing before the Court where the Parties will request the Final Judgment to be entered by the Court approving the Settlement Agreement, the Fee Award, and the incentive award to the Class Representative.

  • Bankruptcy Code means Title 11 of the United States Code.