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Searching Content indexed under Corporate/Commercial Law by Alyson Gal Allen ordered by Published Date Descending.
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Revised Bankruptcy Rule Eliminates Pricing Disclosures For Ad Hoc Committee Members
In chapter 11 bankruptcy cases, creditors and equity holders with common interests often find it advantageous to pool resources and form an ad hoc group or committee. Because the committee represents a larger amount of claims or interests, it speaks with more authority in the bankruptcy case, and the members are able to save money by sharing the cost of legal and financial advisors.
United States
17 May 2011
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