Examples of Steering Committee Consenting Claimants in a sentence
After lengthy discussions with the Steering Committee Consenting Claimants and the Debtors, as well as a January 18, 2013 meeting with various parties in interest which had objected to the RMBS 9019 Motion,6 including AAM, the Revised Claim Allocation Methodology was accepted and is now part of the RMBS Trust Allocation Protocol in the Supplemental Term Sheet.
Id. “Based on [Duff’s] suggestion, and after lengthy discussions with the Steering Committee Consenting Claimants, the Debtors, and other parties in interest, the claim allocation methodology in the Original RMBS Settlement Agreements was modified.” PTX-179 ¶ 115; see Hawthorne 1098:21-1099:17.
Based on my involvement and interactions, I believe that the Superintendent of Financial Services of New York, as Rehabilitator of FGIC; the Bank of New York Mellon; the Bank of New York Mellon Trust Company, N.A.; Law Debenture Trust Company of New York; U.S. Bank National Association; Wells Fargo Bank, N.A.; the Steering Committee Consenting Claimants and the Talcott Franklin Consenting Claimants were all represented by competent and experienced counsel.
The Allowed Fee Claim shall be apportioned among counsel for the Steering Committee Consenting Claimants, on the one hand, and counsel for the Xxxxxxx Xxxxxxxx Consenting Claimants, on the other, in conformity with the Original Settlement Agreements.
My business address is 22001 Loudoun County Parkway, Ashburn, Virginia.
The “ Institutional Investors” include certain members of the Steering Committee Consenting Claimants and the Talcott Franklin Consenting Claimants (each as defined in the Plan Support Agreement (defined below)).
Based on Duff’s suggestion, and after lengthy discussions with the Steering Committee Consenting Claimants, the Debtors and other parties in interest, the Original Claim Allocation Methodology was modified to provide for RMBS R+W Claims to be allocated pro rata based on differences among the RMBS Trusts (a) losses and (b) in the incidence of breaches of representations and warranties, as revealed by loan sampling and statistical work to be performed by Duff (the “Revised Claim Allocation Methodology”).
The Plan Support Agreement with the Steering Committee Group (“Steering Committee Group PSA”) is attached as Exhibits 3 and 4 to the Debtors’ Motion for Entry of an Order Under Bankruptcy Code Section 365 and Bankruptcy Rule 6006 Authorizing the Debtors to Assume Plan Support Agreements with Steering Committee Consenting Claimants.
The portion of the Allowed Fee Claim allocated to counsel for the Steering Committee Consenting Claimants shall be paid 4.75% to Xxxxx & Xxxxx LLP and 0.95% to Ropes & Xxxx LLP.