Restructuring

SunEdison Inc. shareholders will urge a bankruptcy judge on Tuesday to appoint a committee that would look out for their interests during the solar-power giant’s case, arguing that SunEdison management can’t be trusted.

In recent court papers, lawyers for more than 260 investors who own SunEdison’s common stock pointed out that the company’s bankruptcy case might be a rare one in which shareholders recover some money, calling for oversight to ensure that money doesn’t drain unnecessarily.

[wsj-responsive-image P="//si.wsj.net/public/resources/images/BN-OH549_capito_P_20160602160907.jpg" J="//si.wsj.net/public/resources/images/BN-OH549_capito_J_20160602160907.jpg" M="//si.wsj.net/public/resources/images/BN-OH549_capito_M_20160602160907.jpg" caption="The Capitol Building in Washington, D.C., on March 28. More than a dozen Congress members want to torpedo a big part of the restructuring of Caesars Entertainment Corp.’s operating unit." credit="Michael Reynolds/European Pressphoto Agency" placement="Inline" suppressEnlarge="false" ]

[wsj-responsive-image P="//art.wsj.net/api/photos/35478770/smartcrop?height=499&width=749" J="//art.wsj.net/api/photos/35478770/smartcrop?height=639&width=959" M="//art.wsj.net/api/photos/35478770/smartcrop?height=853&width=1280" caption="This photo shows the Cathedral of Our Lady of the Rosary in Duluth, Minn., Monday, Dec. 7, 2015. A bankruptcy judge ordered the diocese into mediation with abuse victims." credit="Associated Press" placement="Inline" suppressEnlarge="false" ]

Timothy Bennett has joined law firm Seyfarth Shaw as senior counsel in the firm’s corporate department. Mr. Bennett focuses on distressed and special situations sectors and has worked with brokerages, hedge funds and banks. He has experience in bankruptcy claims, loan portfolios and interests in liquidating funds. Mr. Bennett earned his law degree from Seton Hall University School of Law.

[wsj-responsive-image P="//art.wsj.net/api/photos/37403914/smartcrop?height=499&width=749" J="//art.wsj.net/api/photos/37403914/smartcrop?height=639&width=959" M="//art.wsj.net/api/photos/37403914/smartcrop?height=853&width=1280" caption="In this Oct. 26, 2015, file photo, Curtis '50 Cent' Jackson arrives at Media's Tribute to African-American Achievements in Television in Beverly Hills, Calif. The rapper got an initial nod form a judge on his bankruptcy plan." credit="Associated Press" placement="Inline" suppressEnlarge="false" ]