Examples of Special Restructuring Committee in a sentence
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 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 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.
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.
Pflieger, Jr. Neither of the independent directors who are members of the Special Restructuring Committee is associated with the Debtors’ equity investors; Mr. Pflieger holds a small equity interest in Ravn Air Group Holdings, LLC.
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.
Mr. Brass serves as the Chairman of the Special Restructuring Committee and Mr. Murphy serves as the Vice Chair.
You can find further details about taking the GRE General Test on the ETS website.
The Debtors, their directors and officers, and their Special Restructuring Committee, comprised offour independent directors, worked diligently and in good faith with their key stakeholders to formulate, negotiate, and support a process that was fair and equitable to all parties in interest.