SEC Filings

PERNIX THERAPEUTICS HOLDINGS, INC. filed this Form 8-K on 02/27/2019
Entire Document


Budget Reconciliation and Other Reporting Obligations shall be provided to counsel to the DIP Lenders so as actually to be received within four (4) business days following the end of each applicable period. The Debtors and their professionals shall make themselves available to discuss the Budget Reconciliation and any other reports provided pursuant to this Interim Order with the professionals retained by the DIP Lenders on such basis as may be reasonably requested by the DIP Lenders.


46.              No Third Party Rights. Except as explicitly provided for herein, this Interim Order does not create any rights for the benefit of any party, creditor, equity holder or other entity other than the DIP Agent, DIP Lenders, Prepetition Agents, Prepetition Secured Parties, Prepetition Treximet Notes Trustee, Prepetition Treximet Noteholders and the Debtors, and their respective successors and assigns.


47.              Enforceability. This Interim Order shall constitute findings of fact and conclusions of law pursuant to Bankruptcy Rule 7052 and shall take effect and be fully enforceable nunc pro tunc to the Petition Date immediately upon execution hereof. Any findings of fact shall constitute a finding of fact even if it is stated as a conclusion of law, and any conclusion of law shall constitute a conclusion of law even if it is stated as a finding of fact.


48.              Retention of Jurisdiction. Notwithstanding any provision in the DIP Loan Documents or the Prepetition Financing Documents, this Court shall retain jurisdiction over all matters pertaining to the implementation, interpretation and enforcement of this Interim Order, DIP Facility, and DIP Loan Documents.


Dated: February 21, 2019   /s/ Christopher S. Sontchi
Wilmington, Delaware  

The Honorable Christopher S. Sontchi

Chief United States Bankruptcy Judge