Milbank Financial Restructuring partners Nick Angel and Peter Newman and associate Edward Rasp co-authored the chapter “A Comparison of an Ad Hoc Committee and Official Committee Under Insolvency and Other Laws in England and the United States” in The Art of the Ad Hoc, published by Global Restructuring Review. The publication combines input and collective wisdom from today’s leading restructuring experts, providing insight on how to work successfully with ad hoc committees.
The Milbank attorneys’ chapter compares the activities and powers of formal and informal committees, following three primary themes: role and powers; formation and governance; and obligations, duties and liabilities, with the team focussing its discussion on laws applicable to corporate restructurings and insolvency under English and US law.
Read the full chapter: A Comparison of an ad hoc committee and official committees under insolvency and Other Laws in England and the United States
