period of exclusivity

period of exclusivity
USA
period of exclusivity, Also known as exclusivity.
In a Chapter 11 bankruptcy, the debtor has the exclusive right during the first 120 days of its case to file a plan of reorganization. This period may be reduced or extended by the court for cause, but may only be extended to a maximum of 18 months after the date of the filing of the petition. Other parties may not propose competing plans until after expiration of the exclusivity period.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • period of exclusivity — a debtor in Chapter 11 has the exclusive right to file a plan of reorganization for the first 120 days of its bankruptcy. Thereafter, unless the period of exclusivity is extended by the court, other parties may file reorganization plans. (see… …   Glossary of Bankruptcy

  • exclusivity — USA In the context of bankruptcy, Also known as period of exclusivity and in the context of mergers and acquisitions, Also known as an exclusivity agreement and exclusivity period. + exclusivity agreement USA …   Law dictionary

  • exclusivity period — a debtor in Chapter 11 has the exclusive right to file a plan of reorganization for the first 120 days of its bankruptcy. Thereafter, unless the period of exclusivity is extended by the court, other parties may file reorganization plans. (see… …   Glossary of Bankruptcy

  • exclusivity agreement — Also known as lock out agreement, shut out agreement or no shop agreement. Agreements which are used to try to ensure that the other party to a prospective deal negotiates solely with the client for a period of time. They aim to give the client… …   Law dictionary

  • exclusivity — ex‧clu‧siv‧i‧ty [ˌekskluːˈsɪvti] noun [uncountable] 1. the fact that a place or product is so expensive that not many people can afford to buy it: • Porsche highlighted its exclusivity by aiming at the high end of the luxury car segment. 2. the… …   Financial and business terms

  • exclusivity — a debtor in Chapter 11 has the exclusive right to file a plan of reorganization for the first 120 days of its bankruptcy. Thereafter, unless the period of exclusivity is extended by the court, other parties may file reorganization plans. (Common… …   Glossary of Bankruptcy

  • Test data exclusivity — refers to protection of clinical test data required to be submitted to a regulatory agency to prove safety and efficacy of a new drug, and prevention of generic drug manufacturers from relying on this data in their own applications.… …   Wikipedia

  • Jerusalem during the Second Temple Period — The Temple Mount …   Wikipedia

  • Syndication exclusivity — (also known as syndex) is a federal law in the United States designed to protect a local television station s rights to syndicated television programs by granting exclusive rights to the station for that program in the local market, usually… …   Wikipedia

  • Inclusiveness and exclusivity in Ayyavazhi — The Inclusiveness and exclusivity in Ayyavazhi is the inclusive and exclusive ideology of Ayyavazhi scriptures over other religions. The formula of inclusivism and exclusivism was applied in the religio cultural universe of Ayyavazhi is one that… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”