Waypoint Leasing Holdings – Sumitomo Objects to Retention of Houlihan Lokey, $7mn (plus) of Sales-Related Fees in a Non-Sale

January 10, 2019  – Sumitomo Mitsui Banking Corporation, Brussels Branch, in its capacity as the administrative agent (“Sumitomo” or ths“WAC12 Administrative Agent”) under the WAC12 Credit Facility dated as of August 2, 2017, filed an objection [Docket No. 239] to the Debtors’ retention of Houlihan Lokey Capital, Inc. (“Houlihan”) as the Debtors’ investment banker, arguing…