Search for: "Creditor Committee Official Committee of Tort Claimants"
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5 May 2022, 9:01 pm
Members of the Official Committee may not trade their claims, for example.[15] Several cases have afforded Official Committee members protection from liability, recognizing that they are fundamentally self-interested as claimants to a bankrupt firm.[16] Leveraging one’s position on the Official Committee to prevent other unsecured creditors from receiving a higher recovery, though, is not a situation in which those… [read post]
20 Apr 2022, 4:00 am
The Catholic Diocese of Camden, New Jersey announced yesterday:The Diocese ... and the Official Committee of Tort Claimant Creditors ... which represents the interests of approximately 300 survivors of sexual abuse, have reached a settlement which will provide for the establishment of a substantial trust to compensate survivors of sexual abuse within the Diocese. [read post]
11 Apr 2023, 8:45 pm
An ad hoc committee of talc claimants (most of the members of the Official Committee from LTL 1.0) weighed in with an informational brief that blasted the bankruptcy filing as being in bad faith and premised on what is, without hyperbole, the largest fraudulent transfer in history, weighing in a jaw-dropping $52.6 billion. [read post]
20 Apr 2022, 8:28 am
Over 300 survivors, represented by the Official Committee of Tort Claimant Creditors, will receive settlement payments. [read post]
1 Feb 2010, 6:10 pm
Proofs of claim filed by tort claimants will be accessible only by the debtor, its counsel, its insurers, counsel to the Official Committee of Unsecured Creditors and its members, and other parties allowed access by an order of the court.netDockets has made a complimentary copy of the bar date order available on JDSupra.About netDockets:With over 1.5 million documents filed in over 800 of the largest corporate chapter 11 bankruptcy cases, all… [read post]
2 Dec 2023, 10:40 am
Purdue Pharma and the Official Committee of Unsecured Creditors, a committee appointed by the trustee to represent the interests of creditors who do not hold a share of Purdue Pharma’s property, insist that they do not. [read post]
11 Mar 2015, 4:21 am
The reality is that even though officials at non-profit firms don’t have to worry about the possibility of shareholder claims, non-profit officials still face other potential claims from other potential claimants. [read post]
13 Aug 2013, 11:19 am
The Judge floated the idea of a tort claimant committee to ensure that litigation would not derail the case's schedule later. [read post]
16 Sep 2019, 12:13 pm
Most recently she has served on the Tort Claimants’ Committee in PG&E, a bankruptcy involving tens of thousands of people losing their homes or lives due to PG&E’s electrical equipment. [read post]
8 Jun 2023, 7:43 am
Several parties, including Purdue, the Sacklers, and the official creditors’ committee appealed the District Court’s decision. [read post]
20 Jan 2023, 5:16 am
This gave plaintiffs injured or killed by terrorist acts a cause of action for suits against “an official, employee, or agent of a foreign state designated as a state sponsor of terrorism” who committed the terrorist acts “while acting within the scope of his or her office, employment, or agency” if a U.S. government official would be liable for such actions. [read post]
