InvestorsHub Logo
Followers 5
Posts 315
Boards Moderated 0
Alias Born 01/18/2010

Re: CopperKen post# 75544

Wednesday, 08/03/2011 4:02:50 PM

Wednesday, August 03, 2011 4:02:50 PM

Post# of 83050
It's not uncommon in BK cases for creditors, both secured, but especially unsecured to form a committee of several members to monitor the proceedings and attend the various hearings in an effort to look out for the best interests of the unsecured creditors. The Unsecured Creditors Committee is/was probably opposed since Skye had promised to pay them some money which is usually not the case in a BK, the unsecureds usually get nothing.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.