Hints and tips:
...Last year USP dismissed all members of a committee working on the rFC standards, citing an inability to work “collaboratively and productively, impeding the standards-setting process”....
...committee of unsecured creditors, could advocate for minority shareholders....
...Hertz said on Saturday that 85 per cent of the unsecured bondholder group supported the Centerbridge plan, saying, “the level of creditor support for the Sponsorship Group's proposal gave it the clear advantage...
...to Neiman’s unsecured creditors....
...Mr Kamensky, who was a member of an official committee of unsecured creditors, then sought to pressure Jefferies to back off from making another bid for the securities, prosecutors said....
...Mr Kamensky resigned as co-chair of the unsecured creditors committee on August 1....
...Despite his position as co-chair of the committee of unsecured creditors, Mr Kamensky admitted trying to exert improper influence over Jefferies, according to the trustee....
...After the Beilinson testimony a court ordered investigation conducted by a committee of unsecured creditors — including Mr Kamensky — concluded in July that Neiman Marcus was deeply insolvent at the time...
...Mr Kamensky was co-chair of the creditors’ committee. The brawl is not just a diverting piece of Wall Street theatre....
...Kamensky resigned as co-chair of Neiman’s unsecured creditors’ committee on August 1....
...The court overruled the objection. A newly formed committee of unsecured creditors supported the share sale, since the new capital would rank lower than even unsecured liabilities....
...A separate investigation into the transfer is already being carried out by a committee of unsecured creditors....
...Some of the League's unsecured creditors are pushing back on the sale. Texas-based billionaire Daniel Friedkin has bought Italian football club AS Roma in a €591m deal....
...of lawyers instead of creditors”....
...If the board won’t have you, the bondholders might. So hoped Dov Charney, who thought a creditors’ committee might help him get back to the helm of American Apparel, the company he founded....
...While the announcement is not unexpected, creditors – many of them hedge funds – are relieved to have received the cash, said Owen Littman, general counsel at Cowen Group and member of the creditors’ committee...
...By exempting bondholders and hitting depositors, the bailout has, in essence, upended the hierarchy of creditor risk the new regime was trying to introduce....
...They also agreed, in close collaboration with AMR’s unsecured creditors’ committee, “to work in good faith to evaluate a potential combination”....
...As a result, insiders said that unsecured bondholders and their representatives on the creditors committee have become the new front line and convincing them of the merits of a deal has become a priority...
...The unsecured creditors committee consists of nine parties and includes three union representatives, a handful of suppliers to AMR such as Boeing and Hewlett-Packard and also a group of banks acting on behalf...
...Members of the unsecured creditors committee — which includes banks representing bondholders, labor, vendors and the U.S. pension protection agency — are concerned about the third-largest US carrier’s prospect...
...That period could be cut short, but to do that the unions would have to convince the unsecured creditors committee, where they have three of nine seats, and then the bankruptcy judge that another party was...
...Primax Electronics, Strategic Procurement Group and US Bank National Association made the list but the Bank of New York Mellon, trustee for more than $650m of Kodak unsecured notes and the second largest...
...US Airways gained more than 1.5 per cent to $7.86 as it said March traffic increased by 4.5 per cent and on a report that claimed the company was speaking to creditors of American Airlines about the potential...
...US markets turned sharply lower after the Federal Open Market Committee left monetary policy unchanged....
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