Comment Letter to the Judicial Conference Committee on Rules of Practice and Procedure on Proposed Amendment to Federal Rule of Bankruptcy Procedure 2019

MFA submitted comments to the Judicial Conference Committee on Rules of Practice and Procedure on the proposed amendment to Federal Rule of Bankruptcy Procedure 2019, Disclosure Regarding Creditors and Equity Security Holders in Chapter 9 and Chapter 11 Cases. MFA supports providing a bankruptcy court with greater transparency with respect to a creditors committees economic interests, but believe that amended Rule 2019 should not compel public disclosure of the date and price at which a party acquired its bankruptcy claim. MFA supports deletion of the disclosure requirements for the time and price at which a party acquired its economic interest.

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