Creditors Try To Quash Movie Gallery Liquidator Deal

Law360, New York (May 20, 2010, 8:39 AM EDT) -- Movie Gallery Inc.'s unsecured creditors committee wants to hit pause on the bankrupt company's efforts to replace its liquidators, arguing that the switch would jeopardize the creditors' financial future.

The committee filed its limited objection in the U.S. Bankruptcy Court for the Eastern District of Virginia on Tuesday, arguing against Movie Gallery's motion to hire Great American WF LLC to handle the sale of its inventory, rather than handing that job to Gordon Brothers Retail Partners LLC and Hilco Merchant Retailers LLC, which are currently liquidating...
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