Motions hearing ( 2nd after April 23rd motions meeting) on May 20th 2020 in Houston asked.
- Authorizing debtors to continue insurance programs and pay all obligations.
- Authorizing debtors to continue use of their existing cash management system, including
- Maintaining bank accounts
- Continue inter company transactions.
- Continue paying bank fees.
- Continue using credit cards.
Shipping has been smashed by pandemic. Cruise ships have gone broke. Off shore oil companies are on life support.
A grim picture in which speed cast has to raise enough revenue to pay creditors.
I have probably lost my money in this fantasy story which is speed cast.
One hope would be a corporate bond bought by Government to give us liquidity.
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- Ann: US Court Order (Trading Restriction)
Ann: US Court Order (Trading Restriction), page-23
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