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Orpea creditors Kyma Capital and LMR Partners lodged on Tuesday an application against Anchorage and PJT Partners in the U.S. District Court for the District of Delaware, the source said. Anchorage is a member of Orpea's steering committee, a group of unsecured creditors that is supporting a proposal to restructure the French group's debt. PJT Partners are advisors to the steering committee. Kyma Capital and LMR Partners argue that the restructuring deal benefits the steering committee at the expense of other creditors, and that the documents would back up their view. Anchorage, PJT Partners and Orpea did not immediately respond to requests for comment.
Persons: France's, Orpea, Chiara Elisei, Kirsten Donovan Organizations: Kyma Capital, LMR Partners, Anchorage, PJT Partners, District of, Kyma, des, Consignations, Thomson Locations: U.S, District of Delaware, Anchorage
Border Surge Spills Over to Yuma, Ariz.
  + stars: | 2022-12-16 | by ( Alicia A. Caldwell | ) www.wsj.com   time to read: 1 min
El Paso, Texas, also has seen a surge in the number of migrants crossing from Mexico into the U.S., straining local resources and charities. More migrants seeking asylum are showing up in Yuma, Ariz., with the county declaring a state of emergency as the expiration of a Covid-19-era policy will likely lead to a larger surge. Several hundred migrants crossed the border illegally into Yuma on Thursday evening. Migrants standing in a line near the border fence, many huddled around small fires, according to video of the scene posted on Twitter by a reporter from KYMA television station in the border city.
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