3-D Patent Bankruptcy Sale Halted For Disney Appeal

Law360, Wilmington (January 7, 2013, 6:48 PM EST) -- A Delaware bankruptcy judge on Monday halted a $5.4 million sale of 3-D film patents by defunct effects shop Digital Domain Media Group Inc. to make way for an appeal from a Walt Disney Co. unit that claims it is licensed to use the technology.

At a court hearing conducted by telephone from Wilmington, U.S. Bankruptcy Judge Brendan L. Shannon granted Disney a 45-day stay of his order approving the sale to allay the entertainment giant's concern that its appeal — filed in federal court on...
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