Examples of Special Restructuring Committee in a sentence
Mr. Gonsoulin and Mr. Bospflug remain members of the Board but do not participate in the deliberations or decision-making by the Special Restructuring Committee.
The investigation and its report were presented to the Special Restructuring Committee, which determined that the allegations contained in the motion are without merit and, accordingly, it was in the Debtors’ interests to oppose the relief requested.
Mr. Brass serves as the Chairman of the Special Restructuring Committee and Mr. Murphy serves as the Vice Chair.
The Special Restructuring Committee was formed to address restructuring-related issues in which either Mr. Gonsoulin or Mr. Bospflug had an actual or potential conflict of interest.
The Plan and the Settlement Term Sheet (which is incorporated into the Plan) was approved by vote of the Special Restructuring Committee.
The Confirmation Order shall have been entered by the Bankruptcy Court, and such order shall be in form and substance consistent in all respects with the Restructuring Term Sheet and otherwise acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.
Whitehead, Kremser (acting as Chair of the Executive Committee), and Lynch, which Executive Committee exercised all of the functions of the Board from its creation until February 1998, at which time a Special Restructuring Committee of the Unison Healthcare Board was created to deal solely with restructuring issues facing Unison Healthcare and its subsidiaries and affiliates.
In response to the receipt of the notices of default, among other considerations, on December 16, 2011, the Board established a Special Restructuring Committee of the Board (the “Restructuring Committee”) comprised exclusively of directors independent of management of SFC, for the purpose of supervising, analyzing and managing strategic options available to SFC.
The respective organizational documents of each of the Debtors shall be amended and restated or replaced (as applicable) in form and substance satisfactory to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement and as necessary to satisfy the provisions of this Plan and the Bankruptcy Code.
The Debtors’ management and directors, with the assistance of the Debtors’ Special Restructuring Committee as formed by the Debtors’ board of directors prior to the Petition Date, the attorneys, advisors and other professionals of the Debtors, the Creditors’ Committee and the Equity Committee have played an integral role in, and have provided a tangible benefit to, the Debtors’ restructuring efforts.