Examples of Ad Hoc Equity Committee in a sentence
On August 23, 2021, the Ad Hoc Equity Committee filed a limited objection to the Proposed Mediation Order, requesting the Court to direct the Debtors to include the Ad Hoc Equity Committee as party to the mediation.
Each Party hereby agrees that all filings with the Securities and Exchange Commission (the “SEC”), press releases and any other stockholder communication, in each case, that relate to the Company or the Ad Hoc Equity Committee shall be coordinated with, and be subject to the prior approval of, the other Parties, which approval shall not be unreasonably withheld, conditioned or delayed.
On August 20, 2015, the U.S Trustee filed a response to the Equity Committee Motion stating that the Ad Hoc Equity Committee must meet its burden of proof with respect to the motion [Docket No. 2200].
While the Ad Hoc Equity Committee’s membership has changed over time, as of August 17, 2021, the Ad Hoc Equity Committee consisted of at least 29 members (including various affiliated members) purporting to hold over approximately 3,505,402 in shares of Existing Equity Interests.
The Plaintiffs are all members of an unofficial shareholder group that became known as the Spencer Ad Hoc Equity Committee, which participated in – and vehemently objected to – the terms of the Bankruptcy Court’s reorganization plan.Idearc became separated from Verizon through a “spin-off” transaction in 2006.
Because the relief requested in the Second Equity Committee Motion was substantively different than the relief requested in the Ad Hoc Equity Committee Motion, the Court set the hearing on the Second Equity Committee Motion to September 8, 2020.
The suggestion that an Official Equity Committee is necessary to object to claims belies reality; there are many other constituencies with an economic interest in doing so, and the Ad Hoc Equity Committee is free to do so itself.
It has been argued that interlocking directorships might lead to collusive behavior between directors.
Peppiatt If to the Ad Hoc Equity Committee: Kirkland & Ellis LLP 601 Lexington AvenueNew York, New York 10022 Fax: + 212-446-4900Email: cmarcus@kirkland.com Attention: Christopher J.
WEIL, GOTSHAL & MANGES, LLP For the Ad Hoc Equity Committee: Joseph Robinson, Esq.