This morning’s U.S. Bankruptcy Court hearing wasn’t exciting — but it swept away some of the issues Relativity Media needed to resolve as it plans for a sale to take it out of Chapter 11 bankruptcy protection.
The studio said that it privately reached an agreement with creditor Macquarie Investments to re-word the terms governing handling of so-called “de minimis” assets — typically non-strategic properties worth less than $1.5 million.
The firm had complained that…
