On February 3, 2014, a required bankruptcy reporting regarding to avoid alleged preferential transfers was filed in the bankruptcy case of Digital Domain Media Group, Inc. and its affiliates. The filing was assigned docket number 1183 and is described on the court’s official docket as follows:
Status Report on Open Preference Adversary Action Filed by Official Committee of Unsecured Creditors. (Hazeltine, William)
Digital Domain Media Group, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 11, 2012. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 12-12568. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to Digital Domain Media Group, Inc. in the bankruptcy case.