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nondebtor
Derived word form of 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.

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

"It effectively takes nondebtor releases off the table."

From Reuters • Dec. 17, 2021

In return, those insurers received nondebtor releases to prevent asbestos victims from turning around and suing them after collecting from the trust.

From Reuters • Dec. 17, 2021