Creditors' committees

Creditors' committees guidance:

This Agreement is made [insert day and month] 20[insert year] Parties 1 [insert name of lender] a company incorporated in [England and Wales] under number [insert...

Precedents

In many restructurings, the early creation of a creditors' committee (or steering committee) will greatly assist negotiations between the debtor company and its...

Practice Note

Coronavirus (COVID-19) This content is affected by the coronavirus (COVID-19) pandemic. For further details, take a look at our Coronavirus (COVID-19) toolkit. For...

Practice Note

The Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024 came into effect on 6 April 2017. This Practice Note sets out the position from 6 April 2017 and...

Practice Note

Who and what are bondholders Bondholders (sometimes also known as noteholders) have generally invested in a company’s most junior—and hence risky—debt. In a distressed...

Practice Note

In many restructurings, informal (ad hoc or unofficial) creditors' committees are formed as opposed to formal creditors' committees (see Practice Note: Formal creditors'...

Practice Note

To: The persons listed in Schedule 1 to this letter [insert names of Lenders] From: [insert name of solicitors for the Creditors' Committee or the name of the Chair]...

Precedents

ARCHIVED: This Practice Note has been archived and is not maintained. The Insolvency (England and Wales) Rules 2016, SI 2016/1024 (IR 2016) were laid before Parliament on...

Practice Note
Trending Topics
In-House COVID-19