Burton Lifland

October 29, 2010Bankrupt Blockbuster Will Continue to Operate

Movie rental company Blockbuster Inc. won court approval for $125 million in financing to keep operating while in bankruptcy, and to pay claims made by film studios.

October 28, 2010Blockbuster wins court permission to take bankruptcy loan

U.S. Bankruptcy Judge Burton Lifland in New York approved a loan on Wednesday that will allow Blockbuster to pay film studios’ claims and take an amended $125 million loan to fund operations in bankruptcy.

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