Receivership Action definition

Receivership Action means any pending receivership action, or request for a receiver in the Foreclosure Action, if any, with respect to the Property.
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Receivership Action means the receivership established by that certain Order Appointing Receiver Pendente Lite issued by the Court of Chancery for the State of Delaware on October 14, 2009, in Civil Action No. 4817-VCN, and all matters pertaining to such receivership. The Receivership Action was dismissed by that certain Order Terminating Receivership issued by said Court on May 15, 2014.
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Receivership Action means an action brought pursuant to this chapter for the appointment of a receiver of a corporation;
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Examples of Receivership Action in a sentence

  • On February 20, 2020, Ray pled guilty to a one-count federal Information charging conspiracy to commit wire fraud and bank fraud in connection with the Ponzi scheme alleged in the Receivership Action, U.S. District Court for the C.D. of Illinois, Case No. 20-cr- 40007.

  • Pursuant to an Order granted by the Court on March 1, 2021 in the Interim Receivership Action (the “ March 1 Order”), the Interim Receiver is authorized and directed to file GST returns with CRA, remit the net GST to CRA, and subject to the Interim Receiver’s professional fees and disbursements and those of its counsel, pay residual funds from each estate into Court to the credit of the Interim Receivership Action on notice to the service list, or as otherwise ordered by the Court for a particular estate.

  • Any such claimed privileged information, or information that may reasonably be considered privileged information, obtained by Receiver or commingled with other information shall be disgorged by the Receiver and notice given to Dragul regarding the privileged information and its disposition by the Receiver.” (Id. ¶ 28.)While the Receivership Order requires the Receiver to disgorge all of Mr. Dragul’s attorney-client privileged information, the Receiver has never done so in this or the Receivership Action.

  • Mr. Jordan awoke with horizontal double vision, which his opthalmologist testified was due to abnormal eye alignment.

  • Fourth, the transfers were made in direct proximity of a legal dispute and litigation between CHFS and its most significant putative creditors in the Receivership Action, EFP and BHT, and Dr. Edwards.

  • The Receiver has submitted to this Court, under Notice filed in the Receivership Action, a true and correct copy of the Settlement Statement prepared by the escrow agent disclosing costs that were paid out of Closing as required by the title insurance company, and disclosing the net funds available for distribution to the Receiver upon Closing (the “Net Funds”).

  • Dadante (“Dadante”); (ii) claims arising out of or relating to the claims or allegations in the Receivership Action, Small, et al.

  • Until such time as the payments required in paragraph 12(a)-(c) have been made or until the General Receiver has disbursed all of the Receivership Property and the Receivership Action is finally closed, whichever occurs first, NWTS, by and through its General Receiver, shall in good faith use commercially reasonable efforts to retain all records relating to compliance activities under this Agreement.

  • The Agreement provides among other things that an Order shall issue barring and/or enjoining and dismissing with prejudice certain claims which are or could be asserted against Defendants in the Receivership Action, and in the above-captioned Case No. 1:06 CV 1721 (the “Small Action”), and Case No. 1:10 CV 00208 (the “Wasserman Action”).

  • Defendants are hereby permanently barred, enjoined and restrained from commencing, prosecuting, or asserting any claim for indemnity or contribution (or any other claim where the injury to Defendants is Defendants’ liability to IPOF), arising out of or relating to the claims or allegations in the Receivership Action, the Small Action or the Wasserman Action, relating to the legal services provided to the IPOF Fund by Defendants.


More Definitions of Receivership Action

Receivership Action shall have the meaning set forth on page 1.
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Receivership Action has the meaning ascribed to it in the Recitals. (lll) “Receivership Order” has the meaning ascribed to in in the Recitals.
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Receivership Action means any action filed by the Seller requesting court appointment of a receiver for the property in connection with the Loan.
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Receivership Action means the litigation styled “CWCapital Asset Management, LLC, as Special Servicer for Bank of America, N.A. as successor by merger to LaSalle Bank National Association as Trustee for the Registered Holders of GMAC Commercial Mortgage Securities, Inc., Mortgage Pass-Through Certificates, Series 2003-C3 vs. Westhollow Landmark LP, Cause No. 2009-21766 in the 300xx Xxxxxxxx Xxxxx xx Xxxxxx Xxxxxx, Texas.
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Receivership Action means that certain action pending before the District Court in the County of El Paso, Colorado, Case No. 2010CV3797.
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Receivership Action as used herein means the action captioned Xxxxxxx Xxxxxx, et al. v.
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Related to Receivership Action

  • Receivership court means the court in the insolvent or impaired insurer's state having jurisdiction over the conservation, rehabilitation, or liquidation of the member insurer.

  • Receivership means a proceeding in which a receiver is appointed.

  • Insolvency with respect to any Multiemployer Plan, the condition that such Plan is insolvent within the meaning of Section 4245 of ERISA.

  • winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;

  • Bankruptcy means, with respect to any Person, if such Person (i) makes an assignment for the benefit of creditors, (ii) files a voluntary petition in bankruptcy, (iii) is adjudged a bankrupt or insolvent, or has entered against it an order for relief, in any bankruptcy or insolvency proceedings, (iv) files a petition or answer seeking for itself any reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, (v) files an answer or other pleading admitting or failing to contest the material allegations of a petition filed against it in any proceeding of this nature, (vi) seeks, consents to or acquiesces in the appointment of a trustee, receiver or liquidator of the Person or of all or any substantial part of its properties, or (vii) if 120 days after the commencement of any proceeding against the Person seeking reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, if the proceeding has not been dismissed, or if within 90 days after the appointment without such Person’s consent or acquiescence of a trustee, receiver or liquidator of such Person or of all or any substantial part of its properties, the appointment is not vacated or stayed, or within 90 days after the expiration of any such stay, the appointment is not vacated. The foregoing definition of “Bankruptcy” is intended to replace and shall supersede and replace the definition of “Bankruptcy” set forth in Sections 18-101(1) and 18-304 of the Act.

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Plan of Liquidation with respect to any Person, means a plan that provides for, contemplates or the effectuation of which is preceded or accompanied by (whether or not substantially contemporaneously, in phases or otherwise): (1) the sale, lease, conveyance or other disposition of all or substantially all of the assets of such Person otherwise than as an entirety or substantially as an entirety; and (2) the distribution of all or substantially all of the proceeds of such sale, lease, conveyance or other disposition of all or substantially all of the remaining assets of such Person to holders of Equity Interests of such Person.

  • Insolvency or Liquidation Proceeding means, with respect to any Person, any liquidation, dissolution or winding up of such Person, or any bankruptcy, reorganization, insolvency, receivership or similar proceeding with respect to such Person, whether voluntary or involuntary.

  • Reorganization with respect to any Multiemployer Plan, the condition that such plan is in reorganization within the meaning of Section 4241 of ERISA.

  • Liquidation means the distributions of the Trust Account to the Public Stockholders in connection with the redemption of the Common Stock held by the Public Stockholders pursuant to the terms of the Company’s Amended and Restated Certificate of Incorporation, as amended, if the Company fails to consummate a Business Combination with the time period provided therein.

  • Insolvency Proceedings means bankruptcy, liquidation or other collective judicial or administrative proceedings, including interim proceedings, in which the assets and affairs of the debtor are subject to control or supervision by a court for the purposes of reorganisation or liquidation;

  • Winding-Up means, with respect to the Issuer, a final and effective order or resolution for the bankruptcy, winding-up, liquidation, receivership or similar proceeding in respect of the Issuer (except for the purposes of a consolidation, amalgamation, merger or reorganisation the terms of which have previously been approved by an Extraordinary Resolution of the Noteholders); and

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

  • Petition means a written request to the court for an order after notice.

  • CCAA Proceedings means the proceedings commenced by the Applicant under the CCAA as contemplated by the Initial Order;

  • criminal proceedings means criminal proceedings in relation to which the strict rules of evidence apply;

  • Bankruptcy Proceedings has the meaning set forth in clause (b) of paragraph 9 hereof.

  • Insolvency Act means the Insolvency Xxx 0000;

  • Chapter 11 Case has the meaning set forth in the Recitals.

  • CCAA means the Companies’ Creditors Arrangement Act (Canada).

  • civil proceedings means any proceedings in or before any court or tribunal that are not criminal proceedings;

  • Formal proceedings means proceedings conducted before a judge with notice to interested persons.

  • Chapter 11 Cases means (a) when used with reference to a particular Debtor, the case pending for that Debtor under chapter 11 of the Bankruptcy Code in the Bankruptcy Court and (b) when used with reference to all the Debtors, the procedurally consolidated chapter 11 cases pending for the Debtors in the Bankruptcy Court.

  • Motion means a formal proposition to be discussed and voted on during the course of a meeting.

  • Court of Appeal means the division of the Supreme Court referred to in section 7(1)(b);