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Bank Joins Effort To Nix Tronox Ch. 11 Equity Panel

Law360 (April 6, 2009, 12:00 AM EDT) -- Tronox Inc. lender Credit Suisse has added its voice to calls by unsecured creditors to dissolve the seven-member equity committee recently appointed to the chemical company's Chapter 11 case.

The bank, acting as administrative agent for a syndicate of Tronox's lenders, filed a joinder to the dissolution motion of the official committee of unsecured creditors in the U.S. Bankruptcy Court for the Southern District of New York on Friday.

Credit Suisse argued that the appointment of an official committee of equity security holders was not warranted...
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