The insolvent distributor of Hollywood classics like "True Romance" and the "Ace Ventura" films will ask a New York judge today to approve a deal to end its bankruptcy, against the wishes of the U.S. Department of Justice, Reuters reported on Friday. Inverness Distribution Ltd. wants bankruptcy Judge Shelley Chapman to dismiss its case under settlements that would repay lenders and unions while providing broad legal releases and wiping out unsecured claims.
