Should Relativity be allowed to pay about $8.3 million for residuals and participations while it’s seeking bankruptcy protection? No, or at least not yet, creditors Manchester Securities and Heatherden Securities argue in among filings today ahead of next week’s scheduled U.S. Bankruptcy Court hearing about the studio’s sale plans.
The lenders say that a payment now “might improperly elevate” some creditors over others even as the court tries to determine who stands where…![]()
