Unsecured Creditors Given Go-Ahead To Probe Atari

Law360, New York (May 2, 2013, 6:28 PM EDT) -- Unsecured creditors of fallen video game company Atari Inc. on Wednesday received a New York bankruptcy judge’s approval to investigate and collect documents from the company and its debtor-in-possession lender, Alden Global Distressed Opportunities Master Fund LP.

U.S. Bankruptcy Judge James M. Peck approved the official committee of unsecured creditors’ bid to order Atari, Alden and Atari’s main shareholder, BlueBay Asset Management LLP, to produce documents largely related to intercompany claims, finding that the “document requests and testimony sought from the producing parties is within the...
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