Sentence examples for initial trustee from inspiring English sources

Since 1981 a registered trustee is the initial trustee if he consents to the appointment prior to the adjudication.

Also named as a defendant in the case is the initial trustee of the securitization that contained the Jordans' loan: JPMorgan Chase.

The initial trustee is appointed by the court from a list of licensed trustees but is subject to being replaced by another licensed trustee by means of a special resolution adopted at any meeting of the creditors.

The initial trustee of a non-testamentary trust is generally the Settlor.

Another challenge of long-term trusts that isn't discussed in the movie, but is implicit, relates to choosing the initial trustees, and a method for selecting successors who can take over when they are no longer willing or able to serve.

A federal bankruptcy court trustee solicited initial bids for Magic Ford and its sister Lincoln-Mercury dealership this fall.

Mr. Quick was one of the initial corporate backers and trustees of the Inner City Scholarship Fund, a fund set up in 1975 by Cardinal Terence Cooke to sustain struggling parochial schools in New York.

Speaking to the IoS, Professor Held said he became a trustee after an initial decision was made, in June 2009, to accept the money.

In the Bayou case, in which investors lost $400 million, a bankruptcy judge ruled that investors who withdrew money even before Bayou collapsed might have to return their profits, and possibly some of the initial investments, to the bankruptcy trustee overseeing the unwinding of Bayou.

Cornell's trustees approved an initial investment of $12 million.

The initial apprehension of faculty, administration, trustees and students has subsided.