insider of corporate debtor

insider of corporate debtor
insider of corporate debtor
a director, officer or person in control of the debtor or a partnership in which the debtor is a general partner; a general partner of the debtor or a relative of a general partner, director, officer or person in control of the debtor (Glossary of Common Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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  • insider of a corporate debtor — Includes (1) a director, officer, or person in control of the debtor; (2) a partnership in which the debtor is a general partner; (3) a general partner of the debtor; or (4) a relative of a general partner, director, officer, or person in control …   Glossary of Bankruptcy

  • insider — in·sid·er n: a person who is in a position of power or has access to confidential information: as a: one (as an officer, director, employee, relative, or owner of more than 10% of the corporation s stock) who is in a position to have special… …   Law dictionary

  • insider — With respect to federal regulation of purchase and sale of securities, refers to anyone who has knowledge of facts not available to the general public (e.g., officers, directors, key employees, relatives). 15 U.S. C.A. No. 78p(a). An insider is… …   Black's law dictionary

  • insider — With respect to federal regulation of purchase and sale of securities, refers to anyone who has knowledge of facts not available to the general public (e.g., officers, directors, key employees, relatives). 15 U.S. C.A. No. 78p(a). An insider is… …   Black's law dictionary

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