Blockbuster Objection Filed

The US Trustee assigned to the Blockbuster case filed with the US Bankruptcy Court an objection to the Debtors' motion to pay certain limited incentive compensation to the Company's sole remaining employee, who is the former treasurer of Blockbuster and current controller and senior vice president of tax. According to the Trustee, the Debtors have failed to meet their evidentiary burden of proof to show that the proposed bonus payments comply with Sections 503(c) and 363 of the Bankruptcy Code.