Recovery Actions definition

Recovery Actions means, collectively and individually, preference actions, fraudulent conveyance actions and other claims or causes of action under sections 510, 544, 547, 548, 549, 550 and 553(b) of the Bankruptcy Code and other similar state law claims and causes of action.
Recovery Actions means, collectively and individually, preference actions, fraudulent conveyance actions, rights of setoff, and other claims or causes of action under Chapter 5 of the Bankruptcy Code and other applicable bankruptcy or nonbankruptcy law.
Recovery Actions means, collectively and individually: (a) preference actions, fraudulent conveyance actions, rights of setoff, and other claims or causes of action under sections 510, 544, 547, 548, 549, 550 and 553 of the Bankruptcy Code and other applicable bankruptcy or nonbankruptcy law; (b) claims or causes of action arising out of illegal dividends or similar theories of liability; (c) claims or causes of action based on piercing the corporate veil, alter ego liability, or similar legal or equitable theories of recovery arising out of the ownership or operation of the Debtors; (d) claims or causes of action based on unjust enrichment; (e) claims or causes of action for breach of fiduciary duty, mismanagement, malfeasance, or, to the extent they are claims or causes of action of any of the Debtors, fraud; and (f) claims or causes of action relating to the provision of retiree medical benefits and the provision of director and officer liability insurance or indemnification.

Examples of Recovery Actions in a sentence

  • The Liquidation Trustee may pursue such retained claims, demands, rights or Causes of Action, including any Recovery Actions other than the Daimler Litigation, as appropriate, in accordance with the best interests of the Estates, and all such retained claims, demands, rights or Causes of Action (or proceeds thereof) shall constitute part of the Liquidation Trust Assets.

  • Report of the Working Group on Effectiveness of Recovery Actions for Atlantic Salmon (WGERAAS), 9–13 November 2015, ICES Headquarters, Copenhagen, Denmark.

  • The Narrative of Recovery Actions (Section 2.4) discusses the outline in more detail.

  • All non-injury motor accident claims and personal injury claims filed in court will be fixed for CDR unless any party opts out of CDR.

  • Existing Recovery Actions: The following recovery actions have been or are currently being implemented:1.


More Definitions of Recovery Actions

Recovery Actions means, collectively and individually, preference actions, fraudulent conveyance actions, rights of setoff and other claims, demands, rights or causes of action under sections 502(d), 510, 544, 547, 548, 549, 550 and 553 of the Bankruptcy Code and other applicable bankruptcy or nonbankruptcy law.
Recovery Actions means, collectively and individually, preference actions, fraudulentconveyance actions and other claims or Causes of Action available to the Debtors under chapter 5 of the Bankruptcy Code and other similar state law claims and Causes of Action, including the Daimler Litigation.
Recovery Actions means, collectively and individually, any and all actions, proceedings, accounts, controversies, agreements, promises, claims, and rights of the Debtor and its Estate to avoid or recover a transfer of property of any of the Estate or an interest of any of the Debtor in property, including, without limitation, actions arising under sections 506, 510, 541, 542, 544, 545, 547, 548, 549, 550 and 553 of the Bankruptcy Code and any other applicable federal or common law, including fraudulent transfers, whether or not litigation has been commenced with respect to such Recovery Action as of the Effective Date.
Recovery Actions means, collectively and individually: (a) preference actions, fraudulent conveyance actions, rights of setoff and other claims or causes of action under sections 510, 541, 542, 544, 545, 547, 548, 549, 550, 551, and 553 of the
Recovery Actions means any and all Causes of Action, Avoidance Actions, Claims, Intercompany Claims or Alter-Ego Claims, whether direct or derivative, whether legal or equitable, against Mestek, Formtek or any other Mestek Affiliate that have been asserted, could have been asserted or are asserted in the future that relate, in any way, to the Debtor or the Reorganized Debtor, including, but not limited to, any such Causes of Action, Avoidance Actions, Claims, Intercompany Claims or Alter-Ego Claims: (i) seeking to extend liability to Mestek, Formtek or any other Mestek Affiliate under alter-ego, corporate-veil, vicarious liability, unity-of-interest, owner-operator, de facto-merger, substantive-consolidation theories, CERCLA or RCRA, whether asserted against Mestek, Formtek or any Mestek Affiliate in the Illinois Actions or otherwise; (ii) arising out of the ownership or operation of the Debtor as of and following the Mestek Purchase Transaction; (iii) arising out of illegal distributions or similar theories of liability; (iv) based on unjust enrichment; (v) for breach of fiduciary duty, mismanagement, malfeasance or fraud; (vi) relating to the provision of director and officer liability insurance or indemnification; (vii) arising out of any contracts or other agreements between or among the Debtor and any of the Mestek Affiliates; (viii) for vicarious liability or any other joint or several liability that any Mestek Affiliate may have in respect of any obligation that is the basis of a Claim against the Debtor; (ix) any other Claims or Causes of Action arising out of or related in any way to the Mestek Purchase Transaction that are based on an injury that affects or affected the Debtor or its creditors generally; (x) any other Claims or Causes of Action for any debt of Met-Coil that Met-Coil or any of its creditors, shareholders, affiliates, successors, assigns, officers, directors, representatives or agents may have against Mestek, Formtek or any other Mestek Affiliates and (xi) the Prepetition Lender Claims.
Recovery Actions means, collectively and individually, all claims and causes of action held by the Debtors’ Estates of any nature, including, without limitation, claims and causes of action under sections 502(d), 544, 545, 547, 548, 549, 550 and 553 of the Bankruptcy Code, and any other avoidance or similar action under the Bankruptcy Code or similar state law, and the proceeds thereof, whether received by judgment, settlement or otherwise.
Recovery Actions means those claims of the Debtors that shall vest in Reorganized Sheffield on the Effective Date that arise under Sections 544, 547, 548 and 550 of the Bankruptcy Code and Sections 112 through 123 of Title 24, Oklahoma Statutes.