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Entertainment & Sports

Nov. 5, 2010

MGM Bankruptcy to Keep Attorneys Busy

Metro-Goldwyn-Mayer has finally sought refuge in Chapter 11 bankruptcy after more than a year of financial woes, but the studio's massive restructuring will continue to provide business for dozens of lawyers.


By Jean-Luc Renault


Daily Journal Staff Writer


Nevermind that Metro-Goldwyn-Mayer finally sought refuge in Chapter 11 bankruptcy after more than a year of financial woes - the debt-burdened studio's massive restructuring efforts provided plenty of business for dozens of Los Angeles lawyers.


And that book of business is far from closed thanks to the ongoing proceedings and a potential merger with another studio on the horizon.


T...

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