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 thenation 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 debtors 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 creditrs 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...