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.
An often-used restructuring strategy has recently run into an unexpected hurdle in the courtroom—an old bond law that has been dusted off and used to challenge financial workouts.
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.
An advocacy group within Illinois’s horse-racing industry is fighting to save live racing at the financially struggling Maywood Park track for the rest of the year.
Quirky Inc., an invention startup, filed for chapter 11 bankruptcy on Tuesday, highlighting how tough it can be to successfully pick winners when it comes to consumer products and investment opportunities, Daily Bankruptcy Review reports via The Wall Street Journal.
