Collier Handbook for Creditors' Committees

All the practical guidance members of a committee need for participation in the debtor's reorganization, with forms, sample letters and more.

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2025 Edition
ISBN: 9781663386076
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ISBN: 9781663386083
Published: November 19, 2024
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2025 Edition
ISBN: 9781663386083
Published: November 19, 2024
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This newest edition of Collier's Handbook for Creditors' Committees contains all the practical guidance members of a committee need for participation in the debtor's reorganization, with forms, sample letters and more. The handbook has been fully updated to reflect the latest changes in the law, and contains the latest advice and case law on all aspects of creditors' committees in chapter 11 cases including the issues surrounding the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 and committees in out-of-court workouts and chapter 7 liquidation cases. Inside you'll also find information on:

• The role, duties and powers of a creditors' committee, including the obligation to provide creditors with access to information and to solicit comments from creditors
• Eligibility to serve on a committee
• Creation and composition of a committee
• Convening the first meeting
• How to organize the committee and select officers
• By-laws to provide "rules of the road" for committee operation
• Fiduciary responsibilities
• Plan negotiations
• Compensating professionals utilized by the committee
• Reimbursement of expenses incurred by the committee
• Terminating the committee

Bankruptcy practitioners, corporate counsel, and members of creditors' committees will find this guide indispensable for smooth and successful conduct of a chapter 11 creditors' committee. Purchase Collier's Handbook for Creditors' Committees today, because your clients deserve the best.

The previous edition's ISBN is 9781663372109.

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Table of contents

Table of Contents:

CHAPTER 1 Introduction and Scope of Handbook
CHAPTER 2 The Role of a Chapter 11 Creditors' Committee
CHAPTER 3 Eligibility to Serve on a Chapter 11 Creditors' Committee
CHAPTER 4 Appointment of a Chapter 11 Creditors' Committee
CHAPTER 5 Acceptance of Appointment to and Resignation From a Chapter 11 Creditors' Committee
CHAPTER 6 Changing the Membership of a Chapter 11 Creditors' Committee
CHAPTER 7 Convening the First Meeting of a Chapter 11 Creditors' Committee
CHAPTER 8 Organizing a Chapter 11 Creditors' Committee
CHAPTER 9 By-Laws for a Chapter 11 Creditors' Committee
CHAPTER 10 Rules of Procedure for a Chapter 11 Creditors' Committee
CHAPTER 11 Multiple Committees in Chapter 11 Cases
CHAPTER 12 Accommodating Disparate Interests Within a Single Chapter 11 Creditors' Committee
CHAPTER 13 Duties of a Chapter 11 Creditors' Committee
CHAPTER 14 Powers of a Chapter 11 Creditors' Committee
CHAPTER 15 Confidentiality of Nonpublic Information
CHAPTER 16 Fiduciary Responsibilities of Members of a Chapter 11 Creditors' Committee
CHAPTER 17 Negotiation and Confirmation of the Plan
CHAPTER 18 Reimbursement of Expenses Incurred by a Chapter 11 Creditors' Committee and Its Members
CHAPTER 19 Compensation of Professionals Employed by a Chapter 11 Creditors' Committee
CHAPTER 20 Compensation of Professionals Employed by Members of a Chapter 11 Creditors' Committee
CHAPTER 21 Unofficial Committees: Expense Reimbursement and Compensation of Professionals
CHAPTER 22 Termination of a Chapter 11 Creditors' Committee
CHAPTER 23 The Chapter 7 Creditors' Committee
CHAPTER 24 The Creditors' Committee in Chapter 9 Municipal Debt Adjustment Cases
CHAPTER 25 The Creditors' Committee in Nonbankruptcy Workouts
CHAPTER 26 Conclusion