Juno USA, LP – Unsecured Creditors Object to DIP Financing; Argue that Debtors’ Foreign Parent is Taking Them for a Ride

December 13, 2019 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected to the Debtors’ request for access to $4.5mn of final debtor-in-posession ("DIP") financing to be provided by GT Gettaxi Limited (“Gett” or the “DIP Lender,” organized in Cyprus, based in Israel and the Debtors' ultimate parent), arguing that (i) the funds…