Alter Ego Theories definition

Alter Ego Theories means theories asserting that a Debtor should be held liable for the Claims and Demands against one or more other Debtors on the ground that it was their alter ego, including, without limitation, denuding-the-corporation, single-business- enterprise, corporate trust funds, breach of fiduciary duty or conspiracy, theories that a Debtor was the mere instrumentality, agent, or alter ego of another Debtor, or that the corporate veil should be pierced, or that as a result of domination and control over any of the Debtors, directly or indirectly, another Debtor should be liable for Asbestos Personal Injury Claims and Demands or any other Claims and Demands that have origins in acts or omissions of any of the other Debtors, or any other theories of direct or indirect liability for the conduct of, Claims against, or Demands on, any of the other Debtors to the extent that such alleged liability arises by reason of any of the other circumstances enumerated in section 524(g)(4)(A)(ii) of the Bankruptcy Code.
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Alter Ego Theories means theories asserting that a Debtor should be held liable for the Claims and Demands against one or more other Debtors on the ground that it was their alter ego, including, without limitation, denuding-the-corporation, single-business- enterprise, corporate trust funds, breach of fiduciary duty or conspiracy, theories that a
Sample 1Sample 2
Alter Ego Theories means theories asserting that a Debtor should be held liable for the Claims and Demands against one or more other Debtors on the ground that it was their alter ego, including, without limitation, denuding-the-corporation, single-business- enterprise, corporate trust funds, breach of fiduciary duty or conspiracy, theories that a Debtor was the mere instrumentality, agent, or alter ego of another Debtor, or that the corporate veil should be pierced, or that as a result of domination and control over any of the Debtors, directly or indirectly, another Debtor should be liable for Asbestos Personal Injury Claims and Demands or any other Claims and Demands that have origins in acts or
Sample 1

Examples of Alter Ego Theories in a sentence

  • There is no valid reason for invoking any of the Alter Ego Theories.

  • An actual controversy has arisen and now exists between the parties concerning the liability of the Plaintiff for CAPCO’s asbestos-related liability under any of the Alter Ego Theories, for which Plaintiff desires a declaration of rights.

  • None of the Alter Ego Theories that the Defendants have advanced (or are likely to advance in the future) in favor of using the assets of Plaintiff to satisfy the liabilities of CAPCO are viable.

  • The individual prosecution of Asbestos Actions that assert claims against ASARCO based on the Alter Ego Theories would frustrate the goal of equal distribution among the Debtors’ creditors, would abridge the general policy of giving the Debtors an opportunity to reorganize their finances, and it would result in a multi-jurisdictional rush to judgment that cuts against the fundamental policies of the Bankruptcy Code.

  • Gross, the types of claims can be broken down as follows: Estoppel / Alter Ego Theories: Claimant seeks to use promissory estoppel offensively.

  • A declaratory judgment is necessary in that Defendants have contended, or are expected to contend, and Plaintiff has denied and will continue to deny, that ASARCO is and should be held liable for CAPCO’s asbestos-related liability under one or more of the Alter Ego Theories.

  • An actual controversy has arisen and now exists between the parties concerning the liability of the Plaintiff for LAQ’s asbestos-related liability under any of the Alter Ego Theories, for which Plaintiff desires a declaration of rights.

  • Declaring that Plaintiff is not liable under the Alter Ego Theories for the Asbestos Actions of LAQ and/or CAPCO.

  • Accordingly, Plaintiff seeks declaratory relief to prevent the Defendants from improperly seeking to hold Plaintiff liable for CAPCO’s asbestos-related liability under one or more of the Alter Ego Theories.

  • Piercing the Corporate Veil and Alter Ego Theories If the provider or supplier refuses to pay the debt, or simply fails to respond to the government’s overpayment demand letters, the government may look for some other party against which to assess the debt.


More Definitions of Alter Ego Theories

Alter Ego Theories means theories asserting that a Debtor should be held liable for the Claims and Demands against one or more other Debtors on the ground that it was their alter ego, including, without limitation, denuding-the-corporation, single-business-
Sample 1

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