Rochelle on Digital Domain, Elpida, Lazy Days' RV Center: Audio
Digital Domain Media Group Inc. (DDMGQ) might have fetched a higher price at auction, the creditors' committee said, had there been more than 10 days between bankruptcy and an auction for the business, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle analyzes whether U.S. bondholders have a legitimate beef that Elpida Memory Inc., a Japanese chip maker, didn't disclose there was a 15 billion yen ($192.6 million) lien put on assets of U.S. affiliates in April. The podcast closes with discussion of a decision following the bankruptcy of Lazy Days' R.V. Center Inc. telling bankruptcy judges in Delaware they don't have the right to issue opinions telling other courts how to interpret confirmation orders.
Running time 11:59