Public Investment Corporation Soc. Ltd. filed a motion in the US Bankruptcy Court seeking the dismissal or conversion from chapter 11 reorganization to chapter 7 liquidation of Erin Energy Corporation Chapter 11 bankruptcy case on May 28, 2018. As per the motion, there is substantial or continuing loss to the estate and the debtor does not have a reasonable likelihood of rehabilitation. The debtors currently have no operations or revenues, have no cash other than cash collateral and project expenses.