3outstanding under the Revolver Agreement (together with any amounts paid, incurredor accrued prior to the Petition Date in accordance with the Revolver Documents, plus,without limitation accrued and unpaid interest, any fees, expenses, and disbursements(including, without limitation, attorneys’ fees, consultant fees, related expenses anddisbursements), indemnification obligations , secured hedging, letter of creditreimbursement obligations, letter of credit fees, secured cash management obligations and other charges or amounts of whatever nature, whether or not contingent, wheneverarising, as each of the foregoing is provided in the Revolver Documents and (ii) theNote Documents was an aggregate principal amount of approximately $150,000,000,
(together with any amounts paid, incurred or accrued prior to the Petition Date inaccordance with the Prepetition Credit Documents, plus, without limitation, accruedand unpaid interest, any fees, expenses, and disbursements (including, withoutlimitation, attorneys’ fees, consultant fees, related expenses and disbursements), make-whole obligations,
indemnification obligations, and other charges or amounts ofwhatever nature, whether or not contingent, whenever arising, as each of the foregoingis provided in the Prepetition Credit Documents).8.
There are no alternative financing options available to facilitate theadministration of the Chapter 11 estate and continue the orderly wind-down of theDebtor’s affairs, including: (a) liquidation of the Firm’s assets, including approximately$255 million in face amount of accounts receivable and work in progress generated byDL’s U.S. offices and various pieces of artwork; (b) disposition of the Firm’s formerclients’ files; (c) closure of the Debtor’s offices and the return of leased propertythrough the rejection of office and equipment leases; (d) evaluation and administrationof claims against the Debtor’s estate; (e) investigation and pursuit of potential estateclaims and causes of action; and (f) confirmation of a Chapter 11 plan.
12-12321-mg Doc 16-2 Filed 05/29/12 Entered 05/29/12 11:51:54 PleadingAmended Declaration of Jonathan A. Mitchell In Support Pg 3 of 6