Cambrian Holding Company – Court Approves $12.0mn in DIP Financing and Use of Cash Collateral, Cuts Back DIP Fees after Term Lenders’ Objection

June 19, 2019 – The Court hearing the Cambrian Holding Company cases issued an interim order authorizing the Debtors to (i) access $12.0mn in debtor in possession (“DIP”) financing on an interim basis and (ii) use cash collateral [Docket No. 116]. On June 17, 2019, lenders Deutsche Bank AG, London Branch, Tennenbaum Opportunities Partners V, LP…