JPA No. 111 Co., Ltd. – Dismissal Motion of Creditor FitzWalter Capital Partners Rejected as Court Holds that Deposit Held by Debtors’ Counsel Enough to Meet Jurisdictional Threshold
February 2, 2022 – The Court hearing the Debtors' cases has rejected a request of creditor FitzWalter Capital Partners (Financial Trading) Limited (“FWCP”) to dismiss the Debtors' cases [Docket No. 97]. FWCP, which describes itself as the Security Agent and authorized representative for the Debtors' only secured lenders, had argued that the Debtors' lacked any…