Examples of Trust Claim in a sentence
At the time of the Trust Claim Submission, Direct Abuse Claimants may elect claim determination deferral for a period of 12 months from the restructuring plan’s effective date to see if statute of legislation revival legislation occurs in their respective states.
The SCC Litigation Trust shall be established as a statutory trust for the purpose of pursuing the SCC Litigation Trust Claims, liquidating all assets of the SCC Litigation Trust for the benefit of the SCC Litigation Trust Beneficiaries, receiving all SCC Litigation Trust Claim recoveries, and distributing the resulting SCC Litigation Trust Proceeds and other Cash of the SCC Litigation Trust to the SCC Litigation Trust Beneficiaries after payment of all expenses of the SCC Litigation Trust.
If the claimant elects binding arbitration, then the claimant and the Trust waive their respective rights to seek a jury trial with respect to the NARCO Asbestos Trust Claim as set forth in the TDP.
To prepare interviews with partners, the Evaluator exchanged with AGE team in July and August.
If enacted, the bill will likely have an immediate impact on claims made by certain Ohio claimants in the pending bankruptcy settlement for Boy Scouts of America (BSA), Chapter 11 Plan of Reorganization.With respect to the BSA restructuring plan, eliminating the period of limitation enables those electing a Trust Claim Submission to receive more money under the Trust Distribution procedures.