Representing the Creditors' Committee: A Guide for Practitioners by Edited by Mark E. Felger

Book Review : Representing the Creditors' Committee: A Guide for Practitioners

By Edited by Mark E. Felger

  • Publication Date: 2017-03-01
  • Genre: Law

Book Review

Written by several members of ABI’s Unsecured Trade Creditors Committee, Representing the Creditors' Committee: A Guide for Practitioners details the myriad challenges that professionals representing creditors’ committees face as they try to give holders of general unsecured claims a voice in whether a debtor will be reorganized, sold as a going concern or liquidated. Since these unsecured creditors can range from the “mom-and-pop” creditor with a $100 claim to an institutional creditor holding a $50 million claim, and from the supplier to the landlord to the bondholder to the former CEO, practitioners need to understand how best to represent these varied interests. Representing the Creditors’ Committee is an invaluable resource that offers guidance on how to maximize the value of the debtor’s assets — and in turn generate the highest and best recovery for the entire group — and offers practical tips at every step of the chapter 11 process, from the filing of a case through confirmation and beyond.

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