Property of the Estate definition

Property of the Estate means the property of the Debtors as defined in section 541 of the Code.

Property of the Estate means all property of a Debtor pursuant to section 541 of the Bankruptcy Code.

Property of the Estate means all property in which any of the Debtors holds a legal or equitable interest, including all property described in section 541 of the Bankruptcy Code.

Examples of Property of the Estate in a sentence

• Upon the Effective Date, pursuant to section 1141(b) and (c) of the Bankruptcy Code, all Property of the Estate of a Debtor shall vest in that Debtor free and clear of all Claims, Liens, encumbrances, charges and other interests, except as provided herein.

• Each holder of an Equity Interest in LCPI shall neither receive nor retain any Property of the Estate or direct interest in Property of the Estate of LCPI on account of such Equity Interests thereafter; provided, however, that in the event that all Allowed Claims against LCPI have been satisfied in full in accordance with the Bankruptcy Code and the Plan, each holder of an Equity Interest in LCPI may receive its Pro Rata Share of any remaining assets in LCPI.

• Each holder of an Equity Interest in LBSF shall neither receive nor retain any Property of the Estate or direct interest in Property of the Estate of LBSF on account of such Equity Interests thereafter; provided, however, that in the event that all Allowed Claims against LBSF have been satisfied in full in accordance with the Bankruptcy Code and the Plan, each holder of an Equity Interest in LBSF may receive its Pro Rata Share of any remaining assets in LBSF.

• Each holder of an Equity Interest in LBCC shall neither receive nor retain any Property of the Estate or direct interest in Property of the Estate of LBCC on account of such Equity Interests thereafter; provided, however, that in the event that all Allowed Claims against LBCC have been satisfied in full in accordance with the Bankruptcy Code and the Plan, each holder of an Equity Interest in LBCC may receive its Pro Rata Share of any remaining assets in LBCC.

• Each holder of an Equity Interest in CES shall neither receive nor retain any Property of the Estate or direct interest in Property of the Estate of CES on account of such Equity Interests thereafter; provided, however, that in the event that all Allowed Claims against CES have been satisfied in full in accordance with the Bankruptcy Code and the Plan, each holder of an Equity Interest in CES may receive its Pro Rata Share of any remaining assets in CES.

More Definitions of Property of the Estate

Property of the Estate means all property of the Debtor and its Estate of every type and nature pursuant to section 541 of the Bankruptcy Code.

Property of the Estate means property of the bankruptcy estate. Section 541 of the Code defines what is property of the estate. 11 U.S.C. § 541. In cases under all chapters of the Code, property of the estate generally includes all property in which the debtor had any interest of any kind on the date the bankruptcy case was filed. Id. In a chapter 13 case, property of the estate also includes post-petition earnings and other property that the debtor acquires after the case was filed but before it is closed, dismissed, or converted to another chapter. 11 U.S.C. § 1306.

Property of the Estate in chapter 9 proceedings means “property of the debtor.” 11 U.S.C. § 902(i).

Property of the Estate means all property in which the Debtor holds a legal or an equitable interest, including all property described in Bankruptcy Code Section 541.

Property of the Estate means “property of the estate” as defined in Bankruptcy Code § 541.

Property of the Estate has the meaning assigned to it under 11 U.S.C. § 541.

Property of the Estate means all property of the Debtors and the Estate of every type and nature, including without limitation, all post-petition accounts, all general intangibles, all inventory, all machinery, equipment, furniture, furnishings, fixtures, motor vehicles, tools, parts, dies and jigs, all ledger sheets, files, books and records, documents, and instruments (including, but not limited to, computer programs, tapes, and related electronic data processing software), post-petition cash collateral and all of Debtors’ deposit accounts (general or special) with, and all credits and other claims against, any depository bank or banks, or any other financial institution with which Debtor maintains any deposit, all of Debtors’ now owned or hereafter acquired monies, all cash subsequently realized from the sale or liquidation of the Debtors’ assets and property, proceeds derived or to be derived from Avoidance Actions and other litigation, together with interest earned thereon, and any and all other property and interests in property of Debtors and their Estate, all real property and leasehold interests in real property, all cash or non-cash proceeds of any of the foregoing, including insurance proceeds and any accession or addition thereto, and the replacements and products of any of the foregoing.