Welded Construction – Unsecured Creditors Object to Issuance of Final DIP Financing Order, Citing “Ill-Defined” Financing Needs

November 27, 2018 – The Debtors’ Official Committee of Unsecured Creditors (the “Committee”) objected to the Debtors’ motion to obtain final debtor-in-possession (“DIP”) financing. The objection states, “The DIP Facility has been partially drawn to bridge the Debtors’ liquidity in the immediate post-petition aftermath to project completion with respect to only the Columbia Gas Project….