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:
- 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 ...
- 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.
- 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 ...
- GCG - Creditor's Committee
CREDITORS' COMMITTEE. GCG has provided administrative services to Creditors' Committees in numerous bankruptcy cases. GCG understands the key role ...
- 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 ...
- 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) ...
- 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 ...
- 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 ...