On the heels of Breitburn Energy’s recently appointed equity holder committee, Ancela Nastasi of Nastasi Partners joined Debtwire legal analyst Richard Goldman for a comprehensive look at the practical realities that Chapter 11 equity committees face on their path to official appointment. With the Energy XXI, Horsehead Holdings and Ultra Petroleum committee formation contests as her backdrop, Ancela breaks down how shareholder committees are formed, legal hurdles the committees must overcome to secure appointment and the role they play in large Chapter 11 cases. Also on the podcast, she outlines practical pointers for parties seeking to serve on or advise official equity holder committees.
Click here to listen to the podcast.