Motion for Substantive Consolidation
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Definition
A Motion for Substantive Consolidation is a legal request made in a bankruptcy case to combine the assets and liabilities of two or more related entities into a single entity for the purpose of simplifying the administration of the bankruptcy proceedings.
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Additional Information
Metadata
Comment
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Description
Motion to consolidate — where a court (e.g., bankruptcy court, civil court) will consider two entities (e.g., companies) as the same entity (e.g., veil piercing).
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Source and Origin
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