Examples of Transferred Causes of Action in a sentence
The uncertain nature of litigation makes it impossible to predict the recovery and subsequent Plan Distributions to creditors of any recoveries from the Transferred Causes of Action, including proceeds from the Insurance Coverage Actions.
There can be no assurance that the Litigation Trustee will be successful in the prosecution of the Transferred Causes of Action or the Insurance Coverage Action.
Notwithstanding this policy at the time of the audit, 80 percent of bookcases and shelves that could cause harm to employees and facilities in the case of an earthquake were not secured.
Accordingly, the Debtors have estimated recovery from the Transferred Causes of Action as zero for purposes of the Liquidation Analysis.
The Litigation Trust Assets, which include the Transferred Causes of Action, will vest in the Litigation Trust.