Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.
Metro-Goldwyn-Mayer Studios, Inc., is an American media company specializing in film and television production and distribution. Founded on April 17, 1924, and based in Beverly Hills, California, it has been owned by the Amazon MGM Studios subsidiary of Amazon since 2022.
Major film studios are production and distribution companies that release a substantial number of films annually and consistently command the significant share of box office revenue in a given market. In the American and international markets, the major film studios, often known simply as the majors or the Big Five studios, are commonly regarded as the five diversified media conglomerates whose various film production and distribution subsidiaries collectively command approximately 80 to 85% of U.S. box office revenue. The term may also be applied more specifically to the primary motion picture business subsidiary of each respective conglomerate.
The Cannon Group, Inc. was an American group of companies, including Cannon Films, which produced films from 1967 to 1994. The extensive group also owned, amongst others, a large international cinema chain and a video film company that invested heavily in the video market, buying the international video rights to several classic film libraries. Some of their best known films include Joe (1970), Runaway Train (1985) and Street Smart (1987), all of which were Oscar-nominated.
The Weinstein Company, LLC was an American independent film studio, founded in New York City by Bob and Harvey Weinstein on March 10, 2005. TWC was one of the largest mini-major film studios in North America as well as in the United States. However, the firing of Harvey Weinstein following allegations of sexual harassment and rape against him, as well as financial troubles that followed, led to the company's decline. The studio eventually declared bankruptcy in February 2018, with independent studio Lantern Entertainment acquiring a majority of its film library and assets. Co-founder and chief executive Bob Weinstein previously owned a small stake in the company.
ThinkFilm was an American film distribution company founded in September 2001. It had been a division of David Bergstein’s Capitol Films since 2006.
Rogue is an American independent production company founded in 1998 by Matt Wall and Patrick Gunn, originally started off as a genre film label of the Universal-affiliated independent film studio October Films and was based in Universal City, California. It was known to produce action, thriller, and horror films.
Samuel Bronston was a Bessarabian-born American film producer, film director, and a nephew of Russian socialist revolutionary Leon Trotsky. He was also the petitioner in a U.S. Supreme Court case that set a major precedent for perjury prosecutions when it overturned his conviction.
Halcyon Studios, LLC., formerly known as Sonar Entertainment, RHI Entertainment, Hallmark Entertainment, Qintex Entertainment, HRI Group and Robert Halmi Inc., is an American entertainment company specializing in the production and distribution of scripted television content, part of Chicken Soup for the Soul Entertainment. It was founded in 1979 by Robert Halmi Jr. and Robert Halmi Sr. (1924–2014) as Robert Halmi, Inc. The company uses the direct-to-series model for TV series.
Ultimate Electronics was a chain of consumer electronics stores which filed for bankruptcy twice after 2006, liquidating and ceasing operations in 2011. At its peak, the store operated in Arizona, Colorado, Florida, Illinois, Iowa, Idaho, Kansas, Minnesota, Missouri, Nevada, New Mexico, Ohio, Oklahoma, Oregon, Massachusetts, New Hampshire, New York, South Dakota, Texas, Pennsylvania, Utah, and Wisconsin. It was originally incorporated in the state of Delaware with principal offices in Thornton, Colorado.
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be a precursor to it. Administration is commenced by an administration order.
MGM Holdings, Inc. was an American holding company incorporated in Delaware and headquartered in Beverly Hills, California that launched on February 11, 2005 by a creditor-oriented consortium and the former parent company of Metro-Goldwyn-Mayer. Technology company Amazon acquired the company on March 17, 2022 and later merged it with its Amazon Studios subsidiary on October 3, 2023, forming Amazon MGM Studios.
Deluxe Media Inc., also known simply as Deluxe and formerly Deluxe Entertainment Services Group, Inc., is an American multinational multimedia and entertainment service provisions company owned by Platinum Equity, founded in 1915 by Hungarian-born American film producer William Fox and headquartered in Burbank, California.
Black Water Transit is an unreleased 2009 American crime drama film based on the novel of the same name by Carsten Stroud. It is directed by Tony Kaye and stars an ensemble cast including Laurence Fishburne and Karl Urban.
Relativity Media, LLC is an American independent media company founded in 2004 by Lynwood Spinks and Ryan Kavanaugh. The company brokered film finance deals and later branched into film production and other entertainment ventures. The company was commercially successful prior to bankruptcy.
David Rafael Bergstein is an American financier and film producer. He started his career in real estate development before opening a business advisory firm focused on distressed assets and high-growth companies. He also branched out into independent film production between 2003 and 2010.
Peace Arch Entertainment ("PAE") was a Canadian motion picture and television production company based in Toronto, Ontario, Canada, with offices in Los Angeles and Vancouver. The company produced and acquired feature films and television programs for worldwide distribution.
DreamWorks Pictures is an American film studio and distribution label of Amblin Partners. It was originally founded on October 12, 1994, as a live-action film studio by Steven Spielberg, Jeffrey Katzenberg, and David Geffen, of which they owned 72%. The studio formerly distributed its own and third-party films. It has produced or distributed more than ten films with box-office grosses of more than $100 million each.
British Virgin Islands bankruptcy law is principally codified in the Insolvency Act, 2003, and to a lesser degree in the Insolvency Rules, 2005. Most of the emphasis of bankruptcy law in the British Virgin Islands relates to corporate insolvency rather than personal bankruptcy. As an offshore financial centre, the British Virgin Islands has many times more resident companies than citizens, and accordingly the courts spend more time dealing with corporate insolvency and reorganisation.
Accidental Love is a 2015 American romantic comedy film directed by David O. Russell and written by Russell, Kristin Gore, Dave Jeser, and Matt Silverstein, based on Gore's 2004 novel Sammy's Hill. The film stars Jessica Biel and Jake Gyllenhaal, and includes Kirstie Alley in her final film role.
