Humanigen Creditors Say DIP Loan Ties Up Too Many Assets

By Yun Park (February 9, 2024, 4:52 PM EST) -- The official committee of unsecured creditors in the Chapter 11 case of Humanigen Inc. objected to the final approval of the company's debtor-in-possession loan, saying while the financing provides $2 million of new money, the lenders seek to put liens on all of the debtor's assets. ...

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