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What impact does the filing have on bondholders? How are unsecured bondholders represented in the court proceedings?

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What impact does the filing have on bondholders? How are unsecured bondholders represented in the court proceedings?

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All parties, including bondholders, will be treated in accordance with the provisions of the U.S. Bankruptcy Code and the rulings of the Bankruptcy court. The office of the United States Trustee is responsible for appointing the statutory Unsecured Creditors Committee, which is charged with representing all unsecured creditors in the proceedings (including unsecured bondholders).

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