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Official Committees play an increasingly pivotal role in the corporate restructuring process. The Bankruptcy Reform Act of 2005 suggests that committees are in place to proactively monitor and assist debtors in promoting and protecting creditors’ views. These committees and their professionals need an objective partner to help expertly manage the growing administrative duties and roles they represent.
At KCC, we help Official Committees provide information-access, promote open communication with constituencies and enable them to effectively fulfill their role.
KCC can provide all, or a combination of, the following services to suit your needs:
- Comply with Court requirements, serving as a forum for communications and providing real-time access to case information
- Set-up a customized case website equipped with the ability for creditors to submit inquiries instantly
- Create awareness for creditor responsibilities by distributing all necessary notices and other pleadings, including any and all motions filed by Committee professionals in the course of their duties
- Manage and respond to creditor inquiries (to the extent they do not require specific legal expertise) via a toll-free “hotline” and/or dedicated email
- Host conference calls with creditors to share case milestones
- Provide highlights of significant events and real-time updates via Committee website or e-mail alerts
- Develop efficient and effective solicitation procedures and processes (in the event the Committee proposes a Plan of Reorganization), create creditor-specific ballots and distribute solicitation materials, tabulate ballots and provide real-time reporting of voting results
To learn more about how KCC can help ensure your success, email or call us at 866.381.9100. |