A Delaware judge has approved The Weinstein Co.’s blueprint for the bidding procedures governing the troubled movie studio’s fast-tracked bankruptcy sale.

U.S. Bankruptcy Judge Mary F. Walrath of the District of Delaware on April 6 adopted a plan from The Weinstein Co.’s bankruptcy counsel that set a May 8 hearing date on a final agreement to sell the studio’s assets in the expedited Chapter 11 proceedings. According to Walrath’s order, bids are due April 30, and an auction among qualified bidders has been scheduled for May 4 in the Wilmington offices of Richards, Layton & Finger.

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