Technicolor Creative Services USA Inc., a creditor that is planning on making a bid for Digital Domain Media Group Inc.'s assets, is concerned about the pace of the special-effects company's sale process and says that the accelerated timeline could result in lower offers for the business, Dow Jones DBR Small Cap reported today. Bankruptcy Judge Brendan Shannon last week cleared Digital Domain to head to auction this Friday, following a high-stress hearing where the company teetered on the brink of liquidation as major movie studios---Digital Domain's chief clients---threatened to walk. The judge had initially balked at setting such a swift sale process in motion and is set to take a second look at the auction rules, and the objections they have elicited, at a hearing today.
