Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- adjective law Of a claim, event, or condition existing prior to a bankruptcy
petition .
Etymologies
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Examples
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Meanwhile, existing stakeholders are in line to provide a $30 million equity capital infusion to the company through a rights offering backstopped by Ares Corporate Opportunities Fund II L.P., the majority holder of Sbarro's unsecured notes, and MidOcean Partners III L.P., an affiliate of the company's second lien lender and prepetition equity sponsor.
Sbarro Files for Chapter 11 Protection Rachel Feintzeig 2011
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Ares is the majority holder of Sbarro's unsecured notes, and MidOcean is an affiliate of the company's second lien lender and prepetition equity sponsor.
Sbarro Pursuing Possible Sale Melodie Warner 2011
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Eleven months of the tax liability was incurred on prepetition income, and one month of the tax liability was incurred on post-petition income.
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Eleven months of the tax liability was incurred on prepetition income, and one month of the tax liability was incurred on post-petition income.
June 2006 2006
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Lehman ALI, one of its largest prepetition secured lenders, to convert its secured claims to substantially all of the equity in the reorganized company.
Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal 2010
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Lehman ALI, one of its largest prepetition secured lenders, to convert its secured claims to substantially all of the equity in the reorganized company.
Dallas Business News - Local Dallas News | Dallas Business Journal 2010
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Under the terms of the plan, "Trade and unsecured creditors will recover 100 percent of prepetition (prebankruptcy) allowed claims," Schmitz said.
courierpress.com Stories Chuck Stinnett 2010
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The definition of Adjusted EBITDA in 2010 is different than the definition in the Company's prepetition credit facility which was used for 2009.
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Under the terms of the plan, "Trade and unsecured creditors will recover 100 percent of prepetition (prebankruptcy) allowed claims," Schmitz said.
courierpress.com Stories Chuck Stinnett 2010
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Among other noteworthy accomplishments in the case were: securing a $8 billion DIP facility, then the largest DIP facility in chapter 11 history, at a time when the credit markets were frozen, which was made possible though a unique dollar-for-dollar roll-up feature of prepetition secured term debt; maintaining adequate funding for the Debtors 'European non-debtor affiliates throughout the
Press Releases 2010
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