S&K Take: Lordstown has been making progress in its cases. Last week we detailed a deal cut with one of its main litigation counterparties, Karma, which would see Karma paid $40 million in cash to resolve $900 million in claims. That deal now has the support of the unsecured creditors' committee, who didn't necessarily want to see cash going out the door to pay what would be general unsecured claims. The Debtor got the UCC comfortable that it would be able to pay unsecured creditors in full under a plan (although I don't think that is in writing) and so they will support the Karma deal. Foxconn is now arguing that the case should be dismissed. In response to that, the Debtor has released information that Foxconn itself had suggested a bankruptcy filing in prepetition negotiations. Not dispositive of course, but interesting nonetheless. Headed for an MTD showdown on Monday which we will surely discuss in these hallowed pages next week.