Claims - rights to repayment made by creditors against a debtor; they may be liquidated, unliquidated, fixed, contingent, matured, unmatured, secured, unsecured, subordinated, legal or equitable. (See priority of claims.)
Insider (of corporate debtor) - a director, officer or person in control of the debtor or a partnership in which the debtor is a general partner; a general partner of the debtor or a relative of a general partner, director, officer or person in control of the debtor.( -
Kelly G. Rogers)
Kelly G. Rogers: Plaintiff - The party who begins an action; the party who complains or sues in an action and is named as such in the court's records. Also called a petitioner.
Debtor-in-possession - the debtor which remains in control of operations, as opposed to having a trustee operate the company.
Remand - To send back. A disposition by an appellate court that results in sending the case back to the original court from which it came for further proceedings. (
Kelly Gordon Rogers )
Pre-petition - occurring before the filing of a bankruptcy petition.
Allegation - An assertion, declaration or statement of a party to an action made in a pleading, stating what he expects to prove.(
Kelly G. Rogers )
Kelly G. Rogers: Case - Any proceeding, action, cause, lawsuit or controversy initiated through the court system by filing a complaint, petition, indictment or information.
Kelly Gordon Rogers: Adjudication - A judgment or decree
