We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Equity Committees Take A Stand In Bankruptcy Court

Law360 (March 29, 2006, 12:00 AM EST) -- Since the shareholders won committee representation in the Calpine and Delphi bankruptcy proceedings, equity committees seem to be a growing presence in court.

Attorneys have noticed that in larger cases such as these, it is more common to find an equity committee, and that equity holders, typically at the bottom rung of creditors, are taking more assertive action to recover their investments.

“Over the last several years, some of these mega cases have potential for distribution to return to equity. If the potential is out there,...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.