The Packaging Systems decision is an important lesson for post-petition lenders. First, the decision highlights the risks inherent in obtaining a Section 364(c)(1) super-priority claim given the ever-present risk that the case is later converted to a Chapter 7.
From Government in America: Until the 1970s, committee chairs were always selected through the seniority system; under this system, the member of the majority party with the longest tenure on the committee would automatically be selected.
Formal Procedures for Committee Meetings. This information is based on the âRoberts Rules of Orderâ which are considered to be the standard. used in Parliament and Business. The President or Vice President in the Presidents absence is the Chairperson or Chair of the. meeting.