February 20, 2019 – The Debtors requested Court authority (i) to access $60mn in debtor-in-possession ("DIP") financing ($15mn on interim basis) and (ii) for interim use of cash collateral [Docket No. 17]. The DIP financing is to be p...
Read MoreFebruary 20, 2019 – The Debtors requested Court authority (i) to access $60mn in debtor-in-possession ("DIP") financing ($15mn on interim basis) and (ii) for interim use of cash collateral [Docket No. 17]. The DIP financing is to be p...
Read MoreFebruary 20, 2019 – The Debtors requested Court approval of a key employee incentive plan (the “KEIP”) for two senior executives [Docket No. 36].The motion states, “The Debtors have identified two (2) executives to receive pay...
Read MoreFebruary 20, 2019 – A group of representative governmental bodies of communities that were impacted by the 2017 Northern California Wildfires and the 2018 Camp Fire (the “Public Entities”) objected [Docket No. 494] to the Debtors...
Read MoreFebruary 20, 2019 – Barings LLC (“Barings”) filed an emergency motion seeking the appointment of an examiner to investigate the Debtors’ Plan and a Plan process it believes "has been improperly usurped by the Backstop Com...
Read MoreFebruary 19, 2019 – The Debtors requested Court authority to appoint Joseph Farnan to the Debtors’ Board of Directors as an independent director nunc pro tunc (effective from February 13, 2019) and to compensate and indemnify Mr. Farnan f...
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