Rothschild OK'd As Blockbuster's Financial Adviser

Law360, New York (November 3, 2010, 5:01 PM EDT) -- A bankruptcy judge has given the stamp of approval for Blockbuster Inc. to hire Rothschild Inc. as its financial adviser and investment banker after nixing some contentious provisions that would require the video rental company to cover Rothschild's legal fees and indemnify third parties not approved by the court.

In an order Tuesday, Judge Burton R. Lifland of the U.S. Bankruptcy Court for the Southern District of New York signed off on Blockbuster's request to authorize it to retain Rothschild after excising certain clauses that had...
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