Apr 6, 2015 ... Purpose of Unsecured Creditors' Committees. To increase participation in the chapter 11 proceeding, section 1102 of the Bankruptcy Code requires that the United States Trustee appoint a committee of unsecured creditors (the " Committee") as soon as practicable after the order for relief has been entered.
Purpose of Unsecured Creditors' Committees. In order to increase creditor participation, section 1102 of the Bankruptcy Code requires that the United States . Trustee appoint a committee of unsecured creditors as soon as practicable. The. Committee ordinarily consists of the persons, willing to serve, who hold the.
May 29, 2003 ... Case opinion for US 3rd Circuit OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF CYBERGENICS CORPORATION CYBERGENICS CORPORATION v. CHINERY. Read the Court's full decision on FindLaw.