Examples of GUC Recovery in a sentence
The location of the GUC Recovery Trustee’s service address for purposes of these chapter 11 cases is: 110 East 42 Street, Suite 1818 New York, NY 10017.
Notwithstanding anything to the contrary herein, in no event shall holders of Allowed General Unsecured Claims recover more than the full amount of their Allowed General Unsecured Claims from the GUC Recovery Trust.
The Debtors, the Reorganized Debtors, and their Estates, the Wind Down Estates, and the GUC Recovery Trust shall be permanently enjoined from prosecuting any of the foregoing Claims or Causes of Action released under this Section 10.6(a) against each of the Released Parties.
For the avoidance of doubt, holders of all Claims, including Administrative Expense Claims, Priority Tax asserting, Priority Non-Tax Claims, and Other Secured Claims shall by forever barred and prohibited from asserting such Claims against the Reorganized Debtors and shall be limited to prosecution of such Claims against the Wind Down Estates or GUC Recovery Trust, as applicable.
In accordance with Section 1141 of the Bankruptcy Code, all of the GUC Recovery Trust Assets, as well as the rights and powers of the Debtors’ Estates applicable to the GUC Recovery Trust Assets, shall vest in the GUC Recovery Trust, for the benefit of the holders of Allowed General Unsecured Claims.