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Digital Domain Faces Questions over Bankruptcy Settlement

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The Office of the U.S. Trustee and private equity investor Palm Beach Capital say that Digital Domain Media Group is a corporate shell that is trying to sell what is left and pushing a settlement with unsecured creditors and top-ranking lenders, Dow Jones DBR Small Cap reported today. Once a prize-winning provider of special effects for movies such as "Titanic," Digital Domain collapsed on Sept. 11 and sold its operating business in a high-speed bankruptcy sale.