Redbox Parent To Liquidate After 'Train Wreck' Mismanagement <https://www.law360.com/delaware/articles/1856477?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-07-11&read_main=1&nlsidx=0&nlaidx=1>
By Alex Wittenberg Attorneys for the parent of Redbox Entertainment on Wednesday told a Delaware bankruptcy judge that "massive mismanagement" of the DVD rental company had left them with no choice but to ask for conversion of the Chapter 11 case to a Chapter 7 liquidation, with lenders unwilling to extend new financing amid doubts about the remaining value of the firm. Read full article » <https://www.law360.com/delaware/articles/1856477?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-07-11&read_more=1&nlsidx=0&nlaidx=1> | Save to favorites » <https://www.law360.com/delaware/articles/1856477?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-07-11&read_later=1&nlsidx=0&nlaidx=1>
