<p>The purpose of a creditors' committee is to provide a forum for creditors to challenge and influence an insolvency practitioner's actions, including in relation to their remuneration.</p><p>Professor Elaine Kempson has recently published a review into fees charged by insolvency practitioner office-holders:</p><p>http://www.bis.gov.uk/insolvency/insolvency-profession/review-of-ip-fees</p><p>which proposes reforms to the way in which creditors engage in insolvency, including creditors' committees. We are now working on a proposed way forward and intend to make announcement in due course.</p>