Mary E. Seymour, co-counsel for the Official Committee of Unsecured Creditors of Orchids Paper Products Company, is quoted in Law360 regarding the company’s proposed debtor-in-possession or DIP financing. Contesting the proposed DIP financing, the Committee raised concerns with the potential administrative insolvency of the cases and the budget for the proposed $11 million DIP loan. The budget, filed in April, reflects outdated numbers and would leave nearly $7 million of the DIP financing unused while leaving an estimated $14.5 million of trade and vendor–related administrative expenses unpaid. Stated Seymour, "The budget that they’re asking Your Honor to approve today is the budget that was prepared and filed on April 1- 60 days ago. It has [claim] assumptions in it, and it shows numbers that are not reflective of today." The judge labeled some of the provisions of the DIP financing as “misleading,” which prompted the debtors and DIP lender to delay the final hearing until June 13.