Examples of Disputed Funds in a sentence
They did not file a state court action to adjudicate allocation of the Disputed Funds.
No one attempted to resolve allocation of the Disputed Funds by either agreement or state court adjudication.
Accordingly, the Debtor shall continue to segregate the Disputed Funds from the Sale proceeds in accordance with the provisions of the McKesson Stipulation.
The Indenture Trustee has reserved all rights with respect to the Disputed Funds and any direction that it may receive in accordance with the Indentures.
Opposition to Motion for an Order that McKesson Specialty Arizona [MPRS] is Entitled to the Disputed Funds (“Debtor’s Opposition”) ¶ 3 (D.I. 697); Debtor’s Opposition, ¶ 20 (D.I. 698).
If consensual resolution is not attained within one hundred and twenty (120) days following the Effective Date, the Plan Administrator shall file a declaratory judgment action with the Court seeking determination as to whether the Estate, or any third party asserting rights or claims in the funds held in certain of the Disputed Funds, has a superior right, title and/or interest in the funds in question.
Additionally, the Petition is important because the Administrator has expressed reservations about Odyssey's entitlement to certain invoiced expenses from January 2015-January 2016 (the “Disputed Funds”), and the Disputed Funds have been held back from distribution to the Noteholders until the Court resolves these issues.
The July Stipulation provided, inter alia, that McKesson would be allowed to file the Motion at issue here (Id., ¶ 2); and the Debtor would segregate $6,932,816.40 (the “Disputed Funds”) pending resolution of McKesson’s Motion (Id., ¶ 3).On July 30, 2018, pursuant to the terms of the July Stipulation, McKesson filed the Motion at issue along with the Declaration of Erin Beesley in Support of Motion for an Order Determining that McKesson is Entitled to the Disputed Funds (D.I. 655).
Rule 4-100(B)(1) provides that a member shall “[p]romptly notify a client of the receipt of the client’s funds, securities, or other properties.” Counts 3: Failure to Maintain Disputed Funds in Trust Both at trial and on review, Bolanos conceded he violated rule 4-100(A)11 by removing $61,775.50 in disputed funds from his CTA.
But, here, there are no reimbursements owed on the Disputed Funds because the Law Firm never paid that portion of the expenses.