creditors committee

In the Tuscany International Drilling bankruptcy action, filed in the United States Bankruptcy Court for the District of Delaware, the United States Trustee recently filed a Statement that the Unsecured Creditors’ Committee Has Not Been Formed.  The Statement indicates that there was “insufficient response to the United States Trustee’s communications/contact for service on the committee.”

Summary: The United States Trustee filed a notice with the bankruptcy court on Friday which identified the creditors which have been appointed to the Official Committee of Unsecured Creditors in the chapter 11 bankruptcy cases of Signature Styles, LLC and Signature Styles Gift Cards, LLC. Those companies, which collectively operate a catalog and internet retailer [...]

In In re S & B Surgery Center, Inc., 421 B.R. 546 (Bankr. C.D. Cal. 2009), Judge Samuel L. Bufford addressed the question of whether a creditors' committee MUST maintain an information website in order to comply with bankruptcy code section 1102(b)(3).