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.
The co-chairs of this yearâs meeting are: 1  Mary Barra, Chief Executive Officer, General Motors, USA. 2  Sharan Burrow, Secretary-General, International Trade Union Confederation, Belgium. 3  Satya Nadella, Chief Executive, Microsoft, USA. 4  Hiroaki Nakanishi, Chairman and Chief Executive Officer, Hitachi, Japan.