Establishing a liquidating trust

The substance of the Complaints reviewed thus far is standard ASK material.

The Committee does assert fraudulent conveyance claims under Section 548, relying solely on the recitation of the statutory language and deeming the transfers as “Potentially Fraudulent Transfers,” as well as a count for the return of post-petition transfers under Section 549.

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“It gives me great pleasure to announce another VA partnership,” said Secretary Mc Donald.

“VA’s new strategic partnership with the Chrysler Liquidating Trust is a great example of ways VA is opening its doors to new kinds of partners to better serve Veterans.

On August 16, 2016, the Court entered an order (the “Confirmation Order”) confirming the First Amended Joint Chapter 11 Plan of Liquidation for Quicksilver Resources Inc. The Liquidation Trust Assets included causes of action under Chapter 5 of the Bankruptcy Code, including the avoidance actions under Section 547.

Gellert Scali Busenkell & Brown, LLC and ASK LLP are serving as Counsel to the Trustee for this preference drill.

VA is partnering with Chrysler Liquidating Trust to provide funds to support VA efforts to end Veteran homelessness.

The partnership is part of the My VA Strategic Partnership Initiative, which works with external organizations to improve the delivery and access of care for Veterans.Just this summer, President Obama announced a nearly 50-percent decline in Veteran homelessness.It’s these kinds of collaborations that are helping us achieve results.If it does, a professional appraisal of assets may be necessary.All trust creditors must be satisfied before any trust assets are distributed to beneficiaries.Trust officials chose to allocate those surplus funds to Veterans’ issues.

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