debtor
noun
a person who is in debt or under financial obligation to another (opposed to creditor).
nondebtor
-
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.
Business groups and some bankruptcy lawyers say that nondebtor releases can be an effective tool to resolve litigation to the benefit of both plaintiffs and the companies they sue.
From Reuters ● Feb. 4, 2022
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
The settlement provides "nondebtor releases" that shield the Sacklers against future opioid-related lawsuits.
From Washington Post ● Jan. 7, 2022
"It effectively takes nondebtor releases off the table."
From Reuters ● Dec. 17, 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
