In Re Diversified Capital Corp.

OPINION RE APPOINTMENT OF COMMITTEE OF SECURED CREDITORS

SAMUEL L. BUFFORD, Bankruptcy Judge.

I. INTRODUCTION

This motion raises the issue of whether the Court has the power to appoint a committee of creditors after the confirmation of a Chapter 11 plan. A motion to appoint a committee of secured creditors is brought by secured creditors American Security Bank as Trustee for the International Brotherhood of Painters & Allied Trades and the Culinary Workers Local 206 Officers, Business Agents, & Employees Severance Annuity Pay Plan (“the unions”).

The Court holds that a committee of creditors,…