Relativity Media Puts Brakes on Hurried Sale Process

August 14, 2015Article
The Wall Street Journal

Faced with a skeptical judge and a string of objections from creditors, Relativity Media LLC said in court Friday that it would delay its breakneck sale timeline by about two weeks.

Judge Michael Wiles of the U.S. Bankruptcy Court in Manhattan is expected to hold another hearing Aug. 25 to give final approval to the new timeline, which would cement in place a plan to hand Relativity’s assets to a new owner by the end of October.

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