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So you're on a creditors' committee ... now what?(Debtor and creditor)
It can be a customer. Perhaps it is the purchaser of your business or the issuer of a bond that your firm holds in quantity. Whatever the circumstances, a company that owes you (and plenty of others!) money has filed for bankruptcy. Your name has been listed on the debtor's list of largest unsecured creditors, and you have likely been receiving telephone calls and e-mail solicitations from bankruptcy lawyers and financial advisors for weeks. You can chalk it up to fate, luck (good or bad), or simply the Office of United States Trustee--but something has put you in the challenging position of serving on the Official Committee of Unsecured Creditors for a debtor's bankruptcy ...
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Sero Unsecured Creditors To Name Committee Feb. 2 NEW YORK (FNS) -- The first official meeting of unsecured creditors in the Chapter 11 reorganization...scheduled the meeting, said that a committee would be formed from the seven...
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Source: HighBeam Research, So you're on a creditors' committee ... now what?(Debtor and creditor)