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Entertainment & Sports

Dec. 22, 2010

MGM Emerges From Bankruptcy

Metro-Goldwyn-Mayer emerged from Chapter 11 on Monday, less than two months after lawyers from Skadden, Arps, Slate Meagher & Flom and Klee, Tuchin, Bogdanoff & Stern filed the studio's pre-packaged reorganization plan in a New York bankruptcy court.


By Jean-Luc Renault


Daily Journal Staff Writer


Metro-Goldwyn-Mayer emerged from Chapter 11 on Monday, less than two months after lawyers from Skadden, Arps, Slate Meagher & Flom and Klee, Tuchin, Bogdanoff & Stern filed the studio's pre-packaged reorganization plan in a New York bankruptcy court.


Spyglass Entertainment co-heads Gary Barber and Roger Birnbaum will run the Century City-based studio, which has $500 million in exit fi...

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