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Creditor's Committee
(redirected from Creditors Committee)

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Creditor's committee
A group representing firms that have claims on a company facing bankruptcy or extreme financial difficulty.

Creditor's Committee
In bankruptcy, an ad hoc committee of creditors who have an interest in seeing as much debt as possible recovered from the person or company filing for bankruptcy.


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According to the unsecured creditors committee the proposal is improper.
However, the report found that the two other bondholder members of the Creditors Committee -- AIG Global Investment Corp.
Dow Jones Newswires and others reported that a member of the committee, Daniel Loeb, CEO of New York-based hedge fund Third Point LLC and a vocal critic of Dreimann, said the goal of the creditors committee is a regime change.
 
 
 
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