On May 27, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Digital Domain Media Group, Inc. and its affiliates.
The filing was assigned docket number 1568 and is described on the court’s official docket as follows:
Order (TWENTY-FIRST AMENDMENT TO THE FINAL) (I) Authorizing Debtors to Obtain Postpetition Financing and Use Cash Collateral, (II) Granting Adequate Protection, (III) Scheduling Final Hearing, and (IV) Granting Certain Related Relief (related document(s), , , , , , , , , , , , , , , , , , , , ). Signed on 5/27/2015. (Attachments: # (1) Exhibit A – Approved Budget) (SJS)
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.