Republic Metals Corporation – Unsecured Creditors Object to Debtors Use of Cash Collateral, Cite Concerns Over Unresolved Ownership of Refined Materials

November 27, 2018 – The Debtors’ Official Committee of Unsecured Creditors (the “Committee”) objected [Docket No. 193] to the Debtors’ use of cash collateral. The objection asserts, “The Debtors seek authority to use the purported cash collateral of the Prepetition Secured Parties to continue refining and selling raw materials to maximize value in a manner…