Bayou Steel BD Holdings, L.L.C. – Post-Sale, At Odds Stakeholders Agree on One Thing…Conversion to Chapter 7

January 21, 2020 – Each of the Debtors' Official Committee of Unsecured Creditors (the “Committee”) and Black Diamond Commercial Finance, L.L.C. (“BDCF,” agent under the Debtors' Term Loan Facility, $36.5mn outstanding as at Petition date) filed motions seeking conversion of the Debtors’ Chapter 11 cases to cases under Chapter 7 [Docket Nos. 417 and 419,…