id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-10946	Waldock, Katherine	Fighting Fire with Fire: Bankruptcy Committees in the Age of Hostile Restructurings	2023	50	.pdf	application/pdf	16459	729	48	Unsecured creditors who have a lot to contribute by way of litigation sophistication are less capable than other unsecured creditors of taking action. Not only do they offer other unsecured creditors the chance at a higher recovery through settlements or damage awards, they also police transactions that harm creditors prior to bankruptcy, potentially discouraging those transactions ex ante and benefitting credit markets as a whole.7 For Official Committee members to be effective enforcers of creditor rights, however, it is important for them to have experience with litigation.	cache/cblr-10946.pdf	txt/cblr-10946.txt