secured creditors' committee

简明释义

有抵押债权人委员会

英英释义

例句

1.A majority vote from the secured creditors' committee was needed to approve the proposed plan.

需要担保债权人委员会的多数票才能批准提议的计划。

2.Members of the secured creditors' committee were concerned about the recovery rates for their loans.

担保债权人委员会的成员对他们贷款的回收率表示担忧。

3.During the restructuring process, the secured creditors' committee played a crucial role in negotiating new terms.

在重组过程中，担保债权人委员会在谈判新条款方面发挥了关键作用。

4.The court appointed a secured creditors' committee to represent the interests of the lenders during the bankruptcy proceedings.

法院任命了一个担保债权人委员会来代表贷款人在破产程序中的利益。

5.The secured creditors' committee met weekly to discuss the progress of the bankruptcy case.

担保债权人委员会每周召开会议，讨论破产案件的进展情况。

作文

In the world of finance and bankruptcy, the term secured creditors' committee refers to a group formed by creditors who hold secured claims against a debtor. Secured creditors are those who have specific collateral backing their loans, which means they have a legal right to take possession of certain assets if the borrower defaults on their obligations. This committee plays a crucial role during bankruptcy proceedings, particularly in Chapter 11 cases, where a company seeks to reorganize its debts rather than liquidate its assets.The formation of a secured creditors' committee is essential because it allows these creditors to band together and protect their interests. In many instances, individual secured creditors may have different priorities or strategies for recovering their investments, and by forming a committee, they can present a united front. This collaboration is especially important when negotiating with the debtor regarding the terms of repayment or restructuring plans.One of the primary responsibilities of the secured creditors' committee is to evaluate the financial situation of the debtor. They must assess the value of the collateral securing their loans and determine whether it is sufficient to cover their claims. This evaluation often involves working closely with financial advisors and appraisers to get an accurate picture of the debtor's assets. Additionally, the committee may also analyze the debtor's business plan to understand how the company intends to generate revenue and repay its debts in the future.Another critical function of the secured creditors' committee is to participate in the negotiation process with the debtor and other stakeholders, such as unsecured creditors and equity holders. The committee must advocate for the best possible outcome for its members, which can include pushing for a higher recovery rate or better terms for the repayment of debts. This negotiation process can be quite complex, as it requires balancing the interests of secured creditors with the need for the debtor to emerge from bankruptcy successfully.Moreover, the secured creditors' committee has the authority to hire legal and financial advisors to assist them in navigating the bankruptcy process. These experts can provide valuable insights into the legal framework governing bankruptcy and help the committee develop strategies to maximize their recoveries. Having professional guidance is particularly beneficial in situations where the debtor's financial condition is complicated or when there are disputes among creditors.In conclusion, the secured creditors' committee is a vital component of the bankruptcy process for secured creditors. By coming together, these creditors can effectively protect their interests, negotiate favorable terms, and work towards maximizing their recoveries. Understanding the role and functions of this committee is essential for anyone involved in finance, law, or business, as it highlights the importance of collaboration and strategic planning in the face of financial distress. As the landscape of bankruptcy continues to evolve, the significance of the secured creditors' committee will remain a critical aspect of ensuring that secured creditors can navigate the complexities of insolvency with greater assurance and efficacy.

在金融和破产的世界中，术语担保债权人委员会指的是由持有债务人担保债权的债权人组成的一个小组。担保债权人是那些其贷款有特定抵押品支持的债权人，这意味着如果借款人未能履行其义务，他们有法律权利占有某些资产。这个委员会在破产程序中扮演着至关重要的角色，特别是在第11章案件中，公司寻求重组其债务而不是清算其资产。成立担保债权人委员会是必要的，因为它允许这些债权人联合起来保护他们的利益。在许多情况下，个别担保债权人可能有不同的优先级或收回投资的策略，通过组建一个委员会，他们可以形成统一的立场。这种合作在与债务人就还款条款或重组计划进行谈判时尤为重要。担保债权人委员会的主要职责之一是评估债务人的财务状况。他们必须评估担保其贷款的抵押品的价值，并确定其是否足以覆盖他们的索赔。这一评估通常涉及与财务顾问和评估师密切合作，以准确了解债务人的资产。此外，委员会还可能分析债务人的商业计划，以了解公司打算如何产生收入并在未来偿还债务。担保债权人委员会的另一个关键职能是参与与债务人及其他利益相关者（如无担保债权人和股东）的谈判过程。委员会必须为其成员争取最佳结果，这可能包括推动更高的回收率或更好的债务偿还条款。这一谈判过程可能相当复杂，因为它需要平衡担保债权人的利益与债务人成功走出破产的需要。此外，担保债权人委员会有权雇用法律和财务顾问来协助他们应对破产过程。这些专家可以提供有关破产法律框架的宝贵见解，并帮助委员会制定最大化其回收的战略。在债务人财务状况复杂或债权人之间存在争议的情况下，获得专业指导尤其有益。总之，担保债权人委员会是担保债权人在破产过程中至关重要的组成部分。通过团结一致，这些债权人能够有效保护自己的利益，谈判有利条款，并努力最大化他们的回收。理解这个委员会的角色和职能对于任何参与金融、法律或商业的人来说都是必不可少的，因为它突显了在财务困境面前合作与战略规划的重要性。随着破产领域的不断发展，担保债权人委员会的重要性将继续作为确保担保债权人能够更有信心和有效地应对破产复杂性的关键方面。