Examples of 'creditor committee' in a sentence
Meaning of "creditor committee"
A creditor committee refers to a group of creditors who come together to represent their interests and negotiate with a debtor during financial restructuring or bankruptcy proceedings. These committees are typically formed when a debtor is unable to meet their financial obligations, and their purpose is to protect the rights and maximize the recovery of the creditors involved in the process
How to use "creditor committee" in a sentence
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creditor committee
Creditors that may be appointed to a creditor committee.
The creditor committee should have no fiduciary duty to shareholders or owners of the debtor.
Employment and remuneration of professionals by a creditor committee.
Creditor committee Debtor.
Removal and replacement of members of a creditor committee.
A creditor committee may be appointed in liquidation proceedings [ unless creditors elect not to participate ].
Rights and functions of a creditor committee.
The insolvency law may require authorization by the court or creditors or the creditor committee.
Functions of a creditor committee.
Relations between the insolvency representative and the creditor committee.
This may be achieved through a creditor committee ( see section IV.4 Creditor committee ).
Confidentiality agreements might also affect the creditor committee.
Paragraph ( 5 ) - composition of the creditor committee and selection of members.
Resolution of disputes between the creditors and the creditor committee.
Mechanism for appointment to a creditor committee.
See also
The insolvency agreement was entered into by the Bahamian insolvency representatives and the creditor committee.
Procedural rules for a creditor committee.
The insolvency law should establish the mechanism for appointment of the creditor committee.
Liability of members of a creditor committee.
The protocol was entered into by the Bahamian insolvency representatives and the creditor committee.
The guide treats the insolvency representative and the creditor committee as two separate entities.
Additional information may be exchanged on request, either by an insolvency representative or a creditor committee.
Creditors are represented on a creditor committee.
Introduction General body of creditors [ assembly of creditors ] Creditor committee.
The insolvency law should establish the powers and functions of the creditor committee including,.
Paragraph ( 6 ) - duties and liability of the members of the creditor committee.
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