Creditor's committee(redirected from Creditors Committees)
A group representing firms that have claims on a company facing bankruptcy or extreme financial difficulty.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved