Lawsuits

Unsecured creditors of Blockbuster Inc. are calling for the company’s bankruptcy case to be converted to a Chapter 7 liquidation from Chapter 11 unless significant changes are made to the movie-rental chain’s plans to sell itself to a group of senior noteholders. Read the Daily Bankruptcy Review story here.

A bankruptcy trustee is suing an Anguillan developer to recover the approximately $1.5 million Marc Dreier spent on property on the Caribbean is