The Role of Creditors' Committees in Chapter 11 Bankruptcies provides an authoritative, insider's perspective on the powers and duties of the creditors' committee as a key player in the Chapter 11 process. It guides the reader through the formation and organization of the creditors' committee and highlights the steps the committee must take throughout the course of the bankruptcy proceedings. The book also discusses investigating the debtor's financial position, retaining legal counsel, and negotiating a reorganization plan. Chapter titles include:
- The Role of a Chapter 11 Unsecured Creditors' Committee and Eligibility to Serve Thereon
- The Anatomy of a Creditors' Committee
- The Committee's Action Plan: Organizing Itself and Retaining Counsel
- Powers and Duties of the Creditors' Committee
- Interview, Selection, Retention and Role of Financial Advisors
- Loyalty and Secrets: Fiduciary Duties and Confidentiality Protections Affecting the Performance of Creditors' Committees