Extract to table

A lapse in insurance coverage could trigger cross-default provisions and complicate the already delicate intercreditor dynamics that the Debtor and its advisors must navigate during the restructuring process

The Debtor requests that the Court consider this Motion on an emergency basis pursuant to Bankruptcy Rule 6003, which provides that "[e]xcept to the extent that relief is necessary to avoid immediate and irreparable harm, the court shall not, within 21 days after the filing of the petition, issue an order granting

All banks and financial institutions on which checks are drawn or through which electronic fund transfers, wire transfers, or automated clearing house ("ACH") transactions are initiated for payments authorized under this Order are authorized and directed to receive, process, honor, and pay such checks, transfers, and transactions without regard to whether such checks, transfers, or transactions were presented, or the underlying payment obligations were created, prior to or after the Petition Date, and no bank or financial institution shall have any liability to any party for relying on representations of the Debtor that any such payment is authorized by this Order

The fourteen (14) day stay imposed by Bankruptcy Rule 6004(h) is hereby waived, and this Order shall be effective immediately upon entry