The Role of Creditors" Committees in Chapter 11 Bankruptcies (Inside the Minds)

Price 110.00 - 157.40 USD

EAN/UPC/ISBN Code 9780314199140


Pages 124

Year of production 2008

The Role of Creditors Committees in Chapter 11 Bankruptcies is an authoritative, insider"s perspective on the powers and duties of the creditors committee as a key player in the Chapter 11 process. Featuring bankruptcy partners and chairs from some of the nation s leading law firms, these experts guide the reader through the formation and organization of the creditors committee and highlight the steps the committee must take throughout the course of the bankruptcy proceedings. From investigating the debtor s financial position and retaining legal counsel to negotiating a reorganization plan, the authors describe the responsibilities of the creditors committee and offer their advice for successfully achieving the best result for the class of unsecured creditors they represent. Additionally, these leaders discuss the relationship between the committee and its financial and legal advisors in the bankruptcy proceedings. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced bankruptcy professionals offer up their thoughts around the keys to achieving success on behalf of the unsecured creditors class. Inside the Minds provides readers with proven business intelligence from C-Level executives (Chairman, CEO, CFO, CMO, Partner) from the world"s most respected companies nationwide, rather than third-party accounts from unknown authors and analysts. Each chapter is comparable to an essay/thought leadership piece and is a future-oriented look at where an industry, profession, or topic is headed and the most important issues for the future. Through an exhaustive selection process, each author was hand-picked by the Inside the Minds editorial board to author a chapter for this book. Chapters Include: 1. Peter W. Ito, Partner, Gordon & Rees LLP - "The Role of a Chapter 11 Unsecured Creditors Committee and Eligibility to Serve Thereon" 2. Donald A. Workman, Partner, Baker & Hostetler LLP - "The Anatomy of a Creditors Committee" 3. Jeffrey N. Pomerantz, Partner, Pachulski Stang Ziehl & Jones LLP - "The Committee s Action Plan: Organizing Itself and Retaining Counsel" 4. Ali M.M. Mojdehi, Partner and Chair, Financial Restructuring, Creditors Rights, and Bankruptcy Practice Group, Baker & McKenzie LLP - "Powers and Duties of the Creditors Committee" 5. Samuel E. Star and Ronald Greenspan, Senior Managing Directors/Corporate Finance, FTI - "Interview, Selection, Retention and Role of Financial Advisors" 6. Eric Sagerman and Rolf Woolner, Partners, Winston & Strawn LLP - "Loyalty and Secrets: Fiduciary Duties and Confidentiality Protections Affecting the Performance of Creditors Committees" Appendices Include: Appendix A: Sample Notices of Appointment Appendix B: Sample Agenda for Committee Meeting Appendix C: Bylaws of the Official Committee of Unsecured Creditors Appendix D: The Common Interest Privilege: Sample Committee Bylaw Provisions Appendix E: The Refco Motion: Example of a Motion to Clarify the Committee"s Disclosure Obligations Appendix F: Protecting Confidential Information: Sample Provision of Multi-tiered Non-disclosure Agreement