Establishing Adequate or Inadequate Representation of Equity Security Holders | Practical Law
A Practice Note detailing the standards for appointment of an equity committee in a Chapter 11 case. This Note provides case law for satisfying each element of the adequate representation requirement under section 1102(a)(2) of the Bankruptcy Code, which can assist both equity holders in their request for the appointment of an equity committee or debtors and creditors' committees in establishing that no equity committee is necessary.