Home > Business, News > ‘Terminator’ Owners File For Chapter 11???

‘Terminator’ Owners File For Chapter 11???

T Asset Acquisition, LLC, and related entities that own the rights to the Terminator movie franchise announced today that they have commenced reorganization proceedings under Chapter 11 of the U.S. Bankruptcy Code in federal Bankruptcy Court in Los Angeles. The companies will seek to restructure their financial obligations and resolve related litigation and other matters and emerge from Chapter 11 later this year or early in 2010. Peitzman, Weg & Kempinsky, LLP, is reorganization counsel and Glaser, Weil, Fink, Jacobs, Howard & Shapiro, LLP, is corporate and litigation counsel to the companies.

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: