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The duty of the Reorganized Creditors' Committee, in its <br />capacity as the governing body of the Reorganized Debtors, shall <br />be to carry out the terms of the Plan. Without limiting the <br />generality of the duties of the Reorganized Creditors' Committee, <br />the Reorganized Creditors' Committee shall be responsible for (i) <br />the preparation and filing of all applicable tax returns for the <br />Debtors and the Reorganized Debtors; (ii) resolving any federal, <br />state or local tax issues; (iii) making all necessary decisions <br />concerning the resolution of claims against any of the Debtors or <br />the Reorganized Debtors, claims made by any of the Debtors or the <br />Reorganized Debtors, and any other litigation affecting any of <br />the Debtors or the Reorganized Debtors; (iv) liquidating the <br />properties of the estates of the Debtors or the Reorganized <br />Debtors not sold to New CF&I or other parties prior to the <br />Effective Date; (v) consummating the sale to New CF&I; (vi) <br />taking all necessary action to cause a standard termination of <br />the Non-Contributory Pension Plan, including the purchase of <br />annuities in connection therewith; (vii) administering the funds <br />of the Reorganized Debtors sad making decisions with respect to <br />discretionary use of the funds of the Reorganized Debtors; (viii) <br />making distributions to creditors pursuant to the Plan; (ix) <br />assuring that, in accordance with the Plan, 'proportionately <br />equivalent value' with respect to cash and the 10 year deferred <br />stock payment of Oregon Steel Mills stock is distributed to <br />holders of claims in Classes 12A and 128; and (x) liquidating <br />each of the Reorganized Debtors and all of their assets. <br />t <br />-3- <br />