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Weinstein Co.'s Del. Ch. 11 Kickoff Marked By $25M Loan Fight

Law360 (March 20, 2018, 11:38 AM EDT) -- The Weinstein Co. steered its business into Delaware bankruptcy court and away from the scandals of co-founder Harvey Weinstein late Monday but immediately slammed into a case-opening battle over the source and cost of a $25 million bankruptcy loan.

Disputes over the borrowing arose Tuesday as the media business sought first-day case approvals from U.S. Bankruptcy Judge Mary F. Walrath for a planned all-asset sale, with an affiliate of private equity firm Lantern Capital LLC serving as the $435 million bidder-to-beat stalking horse.

The company reported...
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