Debtor Groups definition
Examples of Debtor Groups in a sentence
The Plan, described in and annexed to the Supplement to the Debtors’ Fourth Amended Disclosure Statement Pursuant to Section 1125 of the Bankruptcy Code (the “Disclosure Statement Supplement”), as modified to reflect the Operating Company Trade Claims Settlement, provides, among other things, how trade claims against the Operating Company Debtor Groups will be treated.
The Trade Claims Committee believes that the recoveries (and, particularly, the rate of post-petition interest) to be provided to holders of Trade Claims against the Operating Company Debtor Groups (the “Operating Company Trade Creditors”) in the Plan, as modified to reflect the Operating Company Trade Claims Settlement, represent a fair and reasonable compromise of the issues and positions raised by the Trade Claims Committee in support of Operating Company Trade Creditors’ recoveries.
This file will provide ageing balances of originators and some Debtor Groups (the biggest ones).