We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Relativity Media Sees Pushback On Ch. 11 Sale To Lenders

Law360 (July 30, 2018, 7:58 PM EDT) -- Relativity Media LLC will have to fight to advance a sale of the company to its senior lenders after the U.S. Trustee's office asked for heightened scrutiny of litigation releases and content distributor Netflix alleged the transaction is tainted by self-dealing orchestrated by the company founder.

Netflix raised the stakes even further late last week in a New York bankruptcy court battle with the troubled film studio, which seeks to sell its assets to investor consortium and senior lender UltraV Holdings LLC to advance its Chapter...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.