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Relativity Deadlines Pushed Back Two Weeks, Gets $2.5M In Interim Financing
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...
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Relativity Bankruptcy Judge To Hear RKA Film Financing Complaints On Thursday
Relativity’s most vocal critic in its effort to emerge from Chapter 11 bankruptcy protection will get a separate day in court later this week. RKA Film Financing wants U.S. Bankruptcy Court Judge...
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RKA Film Financing Asks Relativity Bankruptcy Judge To Amend Sale Plan
The most outspoken critic of Relativity’s plan to emerge from Chapter 11 bankruptcy protection just added a few objections ahead of a court hearing on Thursday. RKA Film Financing says in a filing this...
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Relativity Lenders Ask Bankruptcy Court To Block Residuals Payments For Now
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...
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Relativity Tells Court It’s Resolving Some, But Not All, Of Its Bankruptcy...
UPDATED, with additional filing: Relativity Media has resolved six of 15 major objections to its bankruptcy financing plans, it says in a court filing today. But U.S. Bankruptcy Court Judge Michael...
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Manchester Securities Asks Court To Postpone Relativity Bankruptcy Hearing
The lender wants U.S. Bankruptcy Court Judge Michael Wiles to delay to this Friday a key hearing scheduled for tomorrow. It says in an “emergency motion” this morning that Relativity “flagrantly...
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Relativity Fires Back At Manchester As Bankruptcy Judge Keeps Tuesday Hearing
Relativity Media, lenders seeking to buy the studio and other creditors have made additional progress to resolve some disputes ahead of a major U.S. Bankruptcy Court hearing Tuesday — though the...
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Relativity Pitches Incentive Plan To Keep Tucker Tooley & Tom Forman On Board
EXCLUSIVE: The future of the Ryan Kavanaugh-run company seems to speed up and slow down several times and several court filings a day ever since they filed for Chapter 11 back on July 30. Late tonight,...
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Relativity Bankruptcy: Manchester Makes Deal To Drop Objections, Clears Way...
UPDATED with Relativity statement, 5:04 PM: Peace has broken out in Relativity's effort to emerge from Chapter 11 bankruptcy protection, the studio's lawyer told the U.S. Bankruptcy Court today. One of...
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Relativity’s Tucker Tooley Move To Weinstein “Far From A Done Deal”
Relativity Media president Tucker Tooley is going to be pretty busy for the next few weeks as his company winds its way through a sale via the U.S. Bankruptcy Court in New York. But The Weinstein...
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Relativity Bankruptcy: U.S. Trustee Opposes Employee Bonuses
Relativity faces a major new obstacle in its effort to pay bonuses to five key employees, as well as 80 unidentified non-inside employees, while the studio’s under Chapter 11 bankruptcy protection. The...
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Robbie Brenner Leaving Relativity To Run The Firm’s Film Division
EXCLUSIVE: Relativity president of production Robbie Brenner is finalizing a deal to join Jeff Kwatinetz’s reconstituted management/production company The Firm. She will become a partner in the venture...
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Relativity Bankruptcy: Macquarie Wants Details About, And Time To Review, A Sale
Macquarie Investments raised its objection to Relativity Media’s plan to arrange a sale, and get out of Chapter 11 bankruptcy protection, today in a filing at the U.S. Bankruptcy Court handling the...
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Relativity Asks Bankruptcy Court For An 11-Day Delay To File Key Information
Relativity Media’s sale process may take longer than it thought: The company today told the U.S. Bankruptcy Court considering its fate that it can’t meet a September 13 deadline to file a financial...
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Relativity Asks Bankruptcy Court For Bonuses To Top Execs, And Others With...
We’re starting to learn who really has the juice at Relativity Media — and it often doesn’t include people with the fanciest titles, according to a bankruptcy court filing this morning. Deputy Chief...
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Relativity Bankruptcy: Paul Singer’s Affiliates Challenge Speedy Sale Plans
Two subsidiaries of Paul Singer's Elliott Management — Heatherden Securities and Manchester Library Co. — are back on the attack against Relativity Media’s effort to persuade the U.S. Bankruptcy Court...
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Relativity Bankruptcy Moves Forward With Resolution Of Procedural Issues
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...
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Relativity Says There’s No Reason For Bankruptcy Court To Scrap ‘Collide’ Deal
The court overseeing Relativity Media’s bankruptcy should ignore IM Global Film Fund’s effort to win back distribution rights to British director Eran Creevy's hot title Collide, previously known as...
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Disney: Relativity Owes ‘Earth To Echo’ Pension Payments
What’s up with the pension payments that Relativity Media was supposed to make for the 2014 film Earth To Echo? They’re still in arrears, and Disney wants to be sure they’re taken care of, it told the...
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Relativity Slams “False” Financial Claims By Neal Moritz; Producers Of Halle...
UPDATE, 12:14 PM: Well, with all the hits they taken the past few months, Relativity aren’t letting Fast & Furious producer Neal Moritz’s claims of fraud go unanswered."The allegations by Mr....
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