- a word derived from debtor.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
J&J’s subsidiary bankruptcy is one variation of a longstanding and increasingly controversial tactic of limiting liability through so-called nondebtor releases granted to companies, owners or executives.
From Reuters • Feb. 4, 2022
In a landmark decision in December, a U.S. district judge in New York invalidated Purdue’s bankruptcy reorganization plan on the grounds that it improperly insulated the Sackler family from liability through nondebtor releases.
From Reuters • Feb. 4, 2022
The settlement provides "nondebtor releases" that shield the Sacklers against future opioid-related lawsuits.
From Washington Post • Jan. 7, 2022
The protections, known as nondebtor releases, prompted appeals from several states and the U.S.
From Reuters • Dec. 29, 2021
Circuit Court of Appeals opinion that urged nondebtor releases be granted sparingly in unique cases because they are ripe for abuse.
From Reuters • Dec. 17, 2021