Fairway Energy – Seeks Authorization for $20 million in DIP Financing, $6 million on Interim Basis at LIBOR+15%

November 27, 2018 – The Debtors requested Court authority to enter into debtor-in-possession (“DIP”) financing arrangements which would provide interim access of up to $6 million [Docket No. 8]. The motion states, “The Debtors seek authorization to obtain DIP Financing under a multiple-draw super-priority senior secured term loan facility in an aggregate principal amount not…