Examples of Nevada Action in a sentence
Mr. Inouye highlighted the Nevada Action Plan under the Program Update of the submitted report referencing SB54 and an executive order by the governor.
Claims also remain in the Nevada Action for breach of the Caesars Agreement, including a prayer for specific performance of that contract.
On February 3, 1999, the NDEP provided a letter stating that they had received the report and that contamination levels associated with the 10,000 gallon tank are below Nevada Action Levels and require no further action.
WHEREAS, on March 7, 2012, the Judicial Panel on Multidistrict Litigation (“JPML”) transferred the California, Florida, Illinois, and Nevada Action (“the Action”) to the United States District Court for the District of New Hampshire, In re Colgate-Palmolive Softsoap Antibacterial Hand Soap Marketing & Sales Practices Litigation, Case No. 1:12-md- 02320-PB (the “MDL”).
The Bankruptcy Court nevertheless found that the Plan was feasible because, among other things, the Working Capital Facility would enable Tonopah to operate for at least three years even “if operations never resume and no revenue is generated,” DOE and Cobra were supporting Tonopah’s post-emergence business, and “various Cobra defendants” would likely bear the “weight of the damages sought” if the Nevada Action were to be successful.
In November 2003, Luongo submitted an affidavit in the Nevada Action, in which he stated that he was no longer an officer or director of ACMC, stated that he believed that the assets of ACMC were transferred to an unidentified “Mexican” corporation, for unidentified consideration.
On June 24, 2003, ACMC and Lite-Rock shareholders, in the Nevada Action, filed a motion with the Nevada State Court to restrain the transfer of any assets of ACMC.
Appellants have appellate standing to appeal the Confirmation Order only to the extent that their “rights or interests are directly and adversely affected pecuniarily” by the Confirmation Order – i.e., whether the Plan contains sufficient funding to satisfy Appellants’ claims if they are ultimately successful in the Nevada Action.
And in recognition of a more realistic assessment of the fair value of Appellants’ litigation claims, following the mediation before Judge Shannon, Cobra agreed to post the $6 million CMB/SR Letter of Credit and increased the Working Capital Facility, as a backstop against a future judgment and damages award against Tonopah in the Nevada Action.
Appellees asserted the right to a jury trial in the Nevada Action against all of the defendants, including Tonopah, and the Bankruptcy Court cannot provide a jury trial absent the parties’ consent.In sum, the Court finds no clear error in the Bankruptcy Court’s findings in support of its determination that case considerations weigh in favor of abstention.