Entertainment & Sports
Nov. 24, 2009
Dispute Snarls 'Terminator' Bankruptcy
The Halcyon Co., the bankrupt producer of "Terminator Salvation," is preparing to auction the rights to the sci-fi franchise to pay back its debts - but a $30 million dispute with a creditor looms over the pending sale.
Daily Journal Staff Writer
LOS ANGELES - The Halcyon Co., the bankrupt producer of "Terminator Salvation," is preparing to auction the rights to the sci-fi franchise to pay back its debts - but a $30 million dispute with a creditor looms over the pending sale.
Halcyon, headed by producers Derek Anderson and Victor Kubicek, borrowed that amount from Santa Barbara hedge fund Pacificor to buy the righ...
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