Exchange Currency

creditor's committee

Group or committee representing various classes of creditors in a Chapter 11 bankruptcy. A creditor's committee is appointed by a bankruptcy court and typically represents firms with claims on the bankrupt company. In situations where there are many lenders, a creditor's committee may represent only the largest of creditors.

Related information about creditor's committee:
  1. Creditor's Committee - Financial Dictionary - The Free Dictionary
    0.01 sec. Creditor's committee. A group representing firms that have claims on a company facing bankruptcy or extreme financial difficulty. Creditor's Committee ...
     
  2. Creditor's Committee: Definition from Answers.com
    group representing firms that have claims on a company in financial difficulty or bankruptcy; sometimes used as an alternative to legal bankruptcy, especially.
     
  3. Unsecured Creditors' Committee- Credit-to-Cash Advisor e-Newsletter
    Oct 16, 2003 ... Although it's generally presumed that the Creditor's Committee terminates at the conclusion of the Chapter 11, the Bankruptcy Code does not ...
     
  4. GCG - Creditor's Committee
    CREDITORS' COMMITTEE. GCG has provided administrative services to Creditors' Committees in numerous bankruptcy cases. GCG understands the key role ...
     
  5. What is creditor's committee? definition and meaning
    Definition of creditor's committee: Group or committee representing various classes of creditors in a Chapter 11 bankruptcy. A creditor's committee is appointed ...
     
  6. Creditor's Committee Approves PUC Plan
    Apr 29, 2004 ... PUC PLAN GETS NOD FROM CREDITORS' COMMITTEE IN PG&E CHAPTER 11 CASE. The California Public Utilities Commission (PUC) ...
     
  7. Considerations for Service on an Unsecured Creditor's Committee
    Apr 14, 2009 ... Considerations for Service on an Unsecured Creditor's Committee. With bankruptcy filings up by more than 25% in the recent past, and with the ...
     
  8. Legal Representation for the Creditor's Committee - Encyclopedia of ...
    Legal Representation for the Creditor's Committee. Members of the official unsecured creditor's committee in a Chapter 11 Bankruptcy are permitted to have ...