Examples of Settlement Decision in a sentence
After the Court issued the Settlement Decision, and after the expiration of the forbearance agreement between the GUC Trust and New GM, the GUC Trust conducted extensive additional negotiations with the Plaintiffs and New GM.
After the Court issued the Settlement Decision, and after the expiration of the forbearance agreement between the GUC Trust and New GM, the GUC Trust conducted extensive additional negotiations with both the Plaintiffs and New GM.
These include negotiations held before and after the Settlement Decision, which denied Plaintiffs’ motion to enforce the terms of a prior, unsigned draft of a settlement with Plaintiffs.
Notwithstanding the foregoing, (i) the approval of a majority of the members of the Litigation Committee (provided that the Manager Member must be included in such majority) shall be required for any Strategic Decision, and (ii) the unanimous approval of the members of the Litigation Committee (other than the Independent Member) shall be required for any Settlement Decision.
Following the Court’s issuance of the Settlement Decision, the GUC Trust retained new counsel, and after termination of a forbearance agreement with New GM; the GUC Trust, the Participating Unitholders, the Designated and Lead Counsel for the Ignition Switch and certain Non-Ignition Switch Plaintiffs, and counsel for certain Pre-Closing Accident Plaintiffs resumed their good faith, arms’-length negotiations.