(a) Motion To Review Appointment. If a committee appointed by the United States trustee pursuant to § 1102(a) of the Code consists of the members of a committee organized by creditors before the commencement of a chapter 9 or chapter 11 case, on motion of a party in interest and after a hearing on notice to the United States trustee and other entities as the court may direct, the court may determine whether the appointment of the committee satisfies the requirements of § 1102(b)(1) of the Code.
(b) Selection of Members of Committee. The court may find that a committee organized by unsecured creditors before the commencement of a chapter 9 or chapter 11 case was fairly chosen if:
(1) it was selected by a majority in number and amount of claims of unsecured creditors who may vote under § 702(a) of the Code and were present in person or represented at a meeting of which all creditors having unsecured claims of over $1,000 or the 100 unsecured creditors having the largest claims had at least seven days’ notice in writing, and of which meeting written minutes reporting the names of the creditors present or represented and voting and the amounts of their claims were kept and are available for inspection;
(2) all proxies voted at the meeting for the elected committee were solicited pursuant to Rule 2006 and the lists and statements required by subdivision (e) thereof have been transmitted to the United States trustee; and
(3) the organization of the committee was in all other respects fair and proper.
(c) Failure To Comply With Requirements for Appointment. After a hearing on notice pursuant to subdivision (a) of this rule, the court shall direct the United States trustee to vacate the appointment of the committee and may order other appropriate action if the court finds that such appointment failed to satisfy the requirements of § 1102(b)(1) of the Code.
(As amended Mar. 30, 1987, eff. Aug. 1, 1987; Apr. 30, 1991, eff. Aug. 1, 1991; Mar. 26, 2009, eff. Dec. 1, 2009.)
added in current removed in current
Compared to current version (2025).
(a) Motion Tto Review the Appointment. If, in a Chapter 9 or 11 case, a committee appointed by the United States trustee pursuant to § 1102(a) of the Codeunder § 1102(a) consists of the members of a committee organized by creditors before the case commencement of a chapter 9 or chapter 11 case, on motiond, the court may determine whether the committee’s appointment satisfies the requirements of § 1102(b)(1). The court may do so ofn a party in interest’s motion and after a hearing on notice to the United States trustee and other entities as the court may direct, the court may dorders.
(b) Determine wing Whether the appointment of the committee satisfies the requirements of § 1102(b)(1) of the Code.
(b) Selection of Members of Committee. The court may find that a committee organized by unsecured creditors before the commencement of a chapter 9 or chapter 11 casCommittee Was Fairly Chosen. The court may find that the committee was fairly chosen if:
(1) it was selected by a majority in number and amount of claims of unsecured creditors who mayare entitled to vote under § 702(a) of the Code andand who were present in person or represented at a meeting of whichwhere:
(A) all creditors havingwith unsecured claims of over $1,000 -or the 100 unsecured creditors havingwith the largest claims -had at least seven7 days’ notice in writing, and of which meeting written minutes reporting the names of the creditors present or represented and votingwritten notice; and
(B) written minutes reporting the voting creditors’ names and the amounts of their claims were kept and are available for inspection;
(2) all proxies voted at the meeting for the elected committee were solicited pursuant tounder Rule 2006 and;
(3) the lists and statements required by subdivision (e) thereof have been transmittedRule 2006(e) have been sent to the United States trustee; and
(34) the committee’s organization of the committee was in all other respects fair and proper.
(c) Failure Tto Comply Wwith Requirements for Appointment. After a hearing on notice pursuant to subdivision (a) of this rule, the court shall directAppointment Requirements. If, after a hearing on notice under (a), the court finds that a committee appointment fails to satisfy the requirements of § 1102(b)(1), it:
(1) must order the United States trustee to vacate the appointment of the committee and; and
(2) may order other appropriate action if the court finds that such appointment failed to satisfy the requirements of § 1102(b)(1) of the Code.
(As amended Mar. 30, 1987, eff. Aug. 1, 1987; Apr. 30, 1991, eff. Aug. 1, 1991; Mar. 26, 2009, eff. Dec. 1, 2009; Apr. 2, 2024, eff. Dec. 1, 2024.)