Bankruptcies & Reorganizations - Cullen Speckhart, Cooley LLP
The HLEP Podcast
00:00
The Different Players and Parties in a Chapter 11 Bankruptcy
The US trustee is always on scene in a chapter 11. They're generally thought of as the watchdog of the bankruptcy process. Creditors are entities or individuals with claims against the estate so you can think of that as people and companies to whom the debtor owes money. A creditors committee is a group of general unsecured creditors that are representative in their official capacity of the entire generalUnsecured class. That committee is appointed by the office of the US trustee at the beginning of the case.
Transcript
Play full episode
