Proposed Order Directing Appointment of Official Equity Committee

This legal template is a document that outlines a proposal for the appointment of an official equity committee in a legal proceeding. An equity committee is a group of individuals who are appointed to represent the interests of shareholders or other equity holders in a company during bankruptcy proceedings or other complex legal matters. The proposed order provides instructions and guidelines for the appointment process, including the selection criteria for committee members and the scope of their authority and responsibilities. It may include provisions specifying the committee's role in reviewing financial statements, participating in negotiations, and making recommendations to the court or other relevant parties. This template aims to ensure a fair and transparent process in selecting an official equity committee to safeguard the interests of equity holders in the legal proceedings.