UPDATE with Relativity statement: What was expected to be a day-long slog through complicated bankruptcy proposals and objections ended quickly in New York this morning: U.S. Bankruptcy Court Judge Michael Wiles approved Relativity’s motion to accept $2.5 million in interim financing, instead of the planned $10.5 million, and to delay by two weeks the schedule to resolve disputes and conduct a sale.
There’ve been “a flurry of negotiations since Wednesday,” Relativity…![]()
