Information Sharing Requirements for Creditors' Committees | Practical Law

Information Sharing Requirements for Creditors' Committees | Practical Law

A Practice Note describing the requirements under section 1102(b)(3) of the Bankruptcy Code for the creditors' committee to give non-member creditors information about, and solicit comments about, a Chapter 11 case. This Note describes the scope of the committee's information sharing requirement, and the procedures that the committee is obligated to implement to fulfill these obligations.

Information Sharing Requirements for Creditors' Committees

Practical Law Practice Note 1-617-2075 (Approx. 12 pages)

Information Sharing Requirements for Creditors' Committees

by Practical Law Bankruptcy & Restructuring
MaintainedUSA (National/Federal)
A Practice Note describing the requirements under section 1102(b)(3) of the Bankruptcy Code for the creditors' committee to give non-member creditors information about, and solicit comments about, a Chapter 11 case. This Note describes the scope of the committee's information sharing requirement, and the procedures that the committee is obligated to implement to fulfill these obligations.