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.
â chairperson â chairman â chairwoman. 1. 'chair' and 'chairperson'. The person in charge of a meeting or organization is referred to as the chair, or sometimes the chairperson. These words can be used to refer to either a man or a woman. This is Ruth Michaels, chairperson of the Women Returners' Network. You should address your remarks to the chair.