WorldCom's unsecured creditors will convene today at a New York hotel to forge an official committee that will represent their interests in the bankrupt company's Chapter 11 filing. It could be a long day. WorldCom has thousands of unsecured creditors with widely disparate agendas and competing claims for the company's assets. Ensuring representation for all their viewpoints on one panel will be a monumental task.
July 29, 2002 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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