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Entertainment & Sports

Oct. 8, 2010

Film Cos. Forced Into Bankruptcy

In what could be a sign of trouble for related companies, a judge on Wednesday ordered that independent film company ThinkFilm be placed into Chapter 11 bankruptcy.

By Jean-Luc Renault

Daily Journal Staff Writer

LOS ANGELES - A judge on Wednesday ordered that independent film entities ThinkFilm and Capitol Films Development be placed into Chapter 11 bankruptcy after the companies failed to respond to creditor motions that had sought to do so without a trial.

U.S. Bankruptcy Court Judge Barry Russell's ruling made ThinkFilm and Capitol the first two of financier David Bergstein's f...

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