Management and Advisor's Incentives, page-3

well if the creditors don't want to deal with Frank (and who would), unless he has access to a $500m funding package to refinance the senior debt, pay off the option holder and provide enough funds to keep the lights on till harvest time - it's hard to imagine a case where a Wilson controlled board was voted in and the first action of the senior lenders wasn't to terminate the forbearance agreement and appoint a receiver.

Does frank have access to such a funding package? If he doesn't, is the real purpose of this spill to try to head off the extensive litigation headed Frank's way?