Garrett Motion Inc. – Equity Committee Maintains Pressure on Debtors’ Plan, Objects to Debtors’ Disclosure Statement and Plan Support Agreement
February 9, 2021 – In a continuing offensive against the Debtors' proposed Plan, the Debtors' Official Committee of Equity Securities Holders (the “Equity Committee”) objected to the Debtors’ Disclosure Statement and, in a related objection, to the Debtors' request for authority to enter into a plan support agreement (the "PSA") and an equity backstop agreement,…