[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Investment Bank] [Investment Bank's Address] [City, State, ZIP] Subject: Application for Unsecured Creditors' Request for Order Authorizing Employment of Investment Banker in North Dakota Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to submit an application on behalf of the unsecured creditors of [Company Name], seeking an order granting authorization for the employment of an investment banker in our ongoing case in North Dakota. As you may be aware, [Company Name] has recently filed for bankruptcy under chapter 11 in the U.S. Bankruptcy Court for the District of North Dakota. Being a significant creditor, we are concerned about protecting our interests and maximizing the recovery of our claims. We firmly believe that employing the services of a reputable investment banker will greatly enhance the chances of achieving optimal results in the bankruptcy proceedings. Therefore, we kindly request your approval for the engagement of your esteemed investment bank to support us in this matter. To further justify our request, I would like to highlight the following objectives that we intend to achieve through the employment of an investment banker: 1. Expert Financial Advice: An experienced investment banker will provide us with invaluable insights into the financial aspects of the bankruptcy case, helping us make informed decisions throughout the process. 2. Valuation and Strategy Development: The investment banker will conduct a thorough analysis of [Company Name]'s assets, liabilities, and potential restructuring opportunities. This will help us develop a comprehensive strategy to maximize the value of our claims and ensure the best possible recovery. 3. Transaction Facilitation: The investment banker will play a vital role in facilitating potential transactions, such as asset sales or capital restructuring, that may arise during the bankruptcy proceedings. Their expertise will help attract qualified buyers or investors, ensuring fair and favorable outcomes for the unsecured creditors. 4. Creditor Representation: By engaging an investment banker, the unsecured creditors can have an independent and credible entity representing their interests in negotiations with debtor-in-possession lenders and other stakeholders. This representation will help protect our rights and ensure fair treatment throughout the process. We have conducted extensive research and have come to the conclusion that [Investment Bank] is among the most reputable investment banks in the field. Your vast experience, proven track record in bankruptcy cases, and thorough understanding of the North Dakota legal landscape make you an ideal candidate to represent our interests. Please find attached our proposed engagement terms and a list of our major creditors in North Dakota. We kindly request you to review the enclosed documents and consider our application for the authorization of your employment as an investment banker in our bankruptcy case. We believe that your expertise and dedication will greatly contribute to our successful recovery from this challenging situation. Furthermore, we trust that you will carefully evaluate our application and provide your favorable response at the earliest convenience. If you require any additional information or have any questions, please do not hesitate to contact me via the provided contact details. Thank you for your attention to this matter. Yours sincerely, [Your Name]
[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Investment Bank] [Investment Bank's Address] [City, State, ZIP] Subject: Application for Unsecured Creditors' Request for Order Authorizing Employment of Investment Banker in North Dakota Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to submit an application on behalf of the unsecured creditors of [Company Name], seeking an order granting authorization for the employment of an investment banker in our ongoing case in North Dakota. As you may be aware, [Company Name] has recently filed for bankruptcy under chapter 11 in the U.S. Bankruptcy Court for the District of North Dakota. Being a significant creditor, we are concerned about protecting our interests and maximizing the recovery of our claims. We firmly believe that employing the services of a reputable investment banker will greatly enhance the chances of achieving optimal results in the bankruptcy proceedings. Therefore, we kindly request your approval for the engagement of your esteemed investment bank to support us in this matter. To further justify our request, I would like to highlight the following objectives that we intend to achieve through the employment of an investment banker: 1. Expert Financial Advice: An experienced investment banker will provide us with invaluable insights into the financial aspects of the bankruptcy case, helping us make informed decisions throughout the process. 2. Valuation and Strategy Development: The investment banker will conduct a thorough analysis of [Company Name]'s assets, liabilities, and potential restructuring opportunities. This will help us develop a comprehensive strategy to maximize the value of our claims and ensure the best possible recovery. 3. Transaction Facilitation: The investment banker will play a vital role in facilitating potential transactions, such as asset sales or capital restructuring, that may arise during the bankruptcy proceedings. Their expertise will help attract qualified buyers or investors, ensuring fair and favorable outcomes for the unsecured creditors. 4. Creditor Representation: By engaging an investment banker, the unsecured creditors can have an independent and credible entity representing their interests in negotiations with debtor-in-possession lenders and other stakeholders. This representation will help protect our rights and ensure fair treatment throughout the process. We have conducted extensive research and have come to the conclusion that [Investment Bank] is among the most reputable investment banks in the field. Your vast experience, proven track record in bankruptcy cases, and thorough understanding of the North Dakota legal landscape make you an ideal candidate to represent our interests. Please find attached our proposed engagement terms and a list of our major creditors in North Dakota. We kindly request you to review the enclosed documents and consider our application for the authorization of your employment as an investment banker in our bankruptcy case. We believe that your expertise and dedication will greatly contribute to our successful recovery from this challenging situation. Furthermore, we trust that you will carefully evaluate our application and provide your favorable response at the earliest convenience. If you require any additional information or have any questions, please do not hesitate to contact me via the provided contact details. Thank you for your attention to this matter. Yours sincerely, [Your Name]
