Relativity to pay residuals and key vendors – L.A. Biz
L.A. BizRelativity to pay residuals and key vendorsL.A. BizRelativity is back in bankruptcy court today, hammering out who should get paid what as the Beverly Hills, California, studio heads toward auction in October. U.S. Bankruptcy Court Judge Michael Wiles approved motions to pay key vendors as well as …and more »
California Guards Muni Buyers From Bankruptcy With Dibs on Taxes – Bloomberg
BloombergCalifornia Guards Muni Buyers From Bankruptcy With Dibs on TaxesBloombergBonds of the Los Angeles Unified School District have also gained. Even though the issuers are solidly investment grade, bondholders welcome the added security after Detroit's record bankruptcy and as Puerto Rico moves toward a historic restructuring.
Palestinian Artist Ejected from Banksy's Dismaland for Protesting Israeli Art – Artforum
ArtforumPalestinian Artist Ejected from Banksy's Dismaland for Protesting Israeli ArtArtforumThe Detroit Institute of Arts, the beleaguered museum which fought off attempts by the bankrupt city to sell its collection to appease creditors, has now announced raises of around forty-nine thousand dollars for Graham Beal, Annmarie Erickson, and …and more »