{"type":"post","id":"delaware-bankruptcy-judge-approves-character-ai-bidding-procedures-60f1a8","slug":"delaware-bankruptcy-judge-approves-character-ai-bidding-procedures-60f1a8","title":"Delaware bankruptcy judge approves Character.AI bidding procedures with Disney's $20 million stalking-horse bid","description":"A Delaware bankruptcy judge approved bidding procedures for Character Technologies’ assets, including Disney’s $20 million stalking-horse bid, and set an auction for November 23, 2026.","retrieval_nugget":"A Delaware bankruptcy judge approved bidding procedures for Character Technologies’ assets, including Disney’s $20 million stalking-horse bid, and set an auction for November 23, 2026. The ruling advances Character.AI’s court-supervised sale, but does not choose a buyer, complete a transaction, or resolve all questions about user privacy.","published_at":"2026-10-31","updated_at":"2026-10-31","record_date":"2026-10-31","date_kind":"published_at","topics":[],"entities":["Character Technologies","Character.AI","Disney","Brendan Shannon"],"related_patterns":[],"novelty_label":"new_fact","what_changed":"The judge approved the auction procedures, allowing Character.AI’s sale process to move forward despite objections and retaining Disney’s $20 million stalking-horse bid.","prior_refs":["memory:d358ec00-afa9-8376-afdf-293462d2d0ba","memory:111313cf-eb61-8134-a6fc-5c8034163a6d","memory:adc8ae86-4661-80b0-a505-cc668a633c45"],"source_url":"https://www.law360.com/bankruptcy-authority/articles/2544743/character-ai-ch-11-auction-with-disney-bid-moves-forward","source_urls":["https://www.law360.com/bankruptcy-authority/articles/2544743/character-ai-ch-11-auction-with-disney-bid-moves-forward"],"schema_version":"newruntime-agent-readable-v0.2","stable_id":"post:delaware-bankruptcy-judge-approves-character-ai-bidding-procedures-60f1a8","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/delaware-bankruptcy-judge-approves-character-ai-bidding-procedures-60f1a8/","markdown":"https://newruntime.com/posts/delaware-bankruptcy-judge-approves-character-ai-bidding-procedures-60f1a8.md","json":"https://newruntime.com/posts/delaware-bankruptcy-judge-approves-character-ai-bidding-procedures-60f1a8.json"},"next_reads":[{"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":"/source-ledger.json","url":"https://newruntime.com/source-ledger.json","title":"Source Ledger","reason":"Inspect the public source evidence graph.","media_type":"application/json"}]}