Daiichi Chuo Kisen Kaisha plans to restructure $1.5 billion in a bankruptcy it filed in both New York and Tokyo and is the second bulk shipper to seek bankruptcy this month.Read the Daily Bankruptcy Review article via The Wall Street Journal.
A judge approved about $1.6 million in bonuses for some Relativity Media LLC employees, but the details will remain silent.Read the Daily Bankruptcy Review here.
Netflix Inc. has paid Relativity Media LLC $283 million in license fees since 2010 to use its films on its DVD-streaming service. Read the Daily Bankruptcy Review article via The Wall Street Journal.