{"type":"post","id":"31-states-and-d-c-object-that-character-48e6d9","slug":"31-states-and-d-c-object-that-character-48e6d9","title":"31 states and D.C. object that Character.AI sale rules block bids that would beat Disney’s $20 million offer","description":"Thirty-one states and the District of Columbia have objected to the proposed bidding rules in Character.AI’s Delaware bankruptcy sale, arguing that the structure could deter offers that would leave the estate with more money than Disney’s $20 million deal.","retrieval_nugget":"Thirty-one states and the District of Columbia have objected to the proposed bidding rules in Character.AI’s Delaware bankruptcy sale, arguing that the structure could deter offers that would leave the estate with more money than Disney’s $20 million deal. The filing adds a contested value-maximization question to the company’s court-supervised sale.","published_at":"2026-11-04","updated_at":"2026-11-07","record_date":"2026-11-04","date_kind":"published_at","topics":["ai-business-models"],"entities":["Character.AI","Character Technologies","Disney Worldwide Services","District of Columbia"],"related_patterns":[],"novelty_label":"same_event","prior_refs":[],"source_url":"https://cases.stretto.com/public/x936/14939/PLEADINGS/1493910232680000000104.pdf","source_urls":["https://cases.stretto.com/public/x936/14939/PLEADINGS/1493910232680000000104.pdf"],"schema_version":"newruntime-agent-readable-v0.2","stable_id":"post:31-states-and-d-c-object-that-character-48e6d9","status":"published","visuals":[],"editor":{"role":"editor","name":"Andrey Reshetnikov","profile":"https://newruntime.com/owner-profile.md","profile_json":"https://newruntime.com/owner-profile.json","same_as":["https://www.linkedin.com/in/reshetnikov1/","https://t.me/lapetuse"]},"routes":{"html":"https://newruntime.com/posts/31-states-and-d-c-object-that-character-48e6d9/","markdown":"https://newruntime.com/posts/31-states-and-d-c-object-that-character-48e6d9.md","json":"https://newruntime.com/posts/31-states-and-d-c-object-that-character-48e6d9.json"},"markdown_url":"https://newruntime.com/posts/31-states-and-d-c-object-that-character-48e6d9.md","next_reads":[{"type":"topic","path":"/topics/ai-business-models/","url":"https://newruntime.com/topics/ai-business-models/","title":"Ai Business Models","reason":"Explore the ai-business-models topic hub.","media_type":"text/html","markdown_url":"https://newruntime.com/topics/ai-business-models.md","json_url":"https://newruntime.com/topics/ai-business-models.json"},{"type":"collection","path":"/posts/","url":"https://newruntime.com/posts/","title":"Field Notes","reason":"Open the latest editorial analysis.","media_type":"text/html","json_url":"https://newruntime.com/posts.json"},{"type":"collection","path":"/sources/","url":"https://newruntime.com/sources/","title":"Sources","reason":"See the original sources this archive cites.","media_type":"text/html"}]}