Bankruptcy Court Approves MGM’s Reorganization Plan

Press Release: LOS ANGELES, CA, December 2, 2010 – Metro-Goldwyn-Mayer Inc. (“MGM”) today announced that the U.S. Bankruptcy Court for the Southern District of New York (the “Court”) has approved the company’s “pre-packaged” plan of reorganization (the “Plan”), clearing the way [...]

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Spyglass Entertainment To Take Over MGM

Spyglass Entertainment To Take Over MGM

Metro-Goldwyn-Mayer Inc. (MGM) has announced that it has begun a solicitation of votes from its secured lenders for a pre-packaged plan of reorganization (the "Plan"). MGM expects to continue normal business operations throughout the restructuring process. The Plan provides for MGM's [...]

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Kirby’s Estate Officially Sues MARVEL

Kirby’s Estate Officially Sues MARVEL

The children of legendary comic book artist Jack Kirby have sued Marvel to terminate copyrights to, and receive a share of profits from such lucrative comic creations as X-Men, Iron Man, Spider-Man, and The Incredible Hulk. The suit, follows a [...]

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DC Replaces Thier Legal Counsel In SUPERMAN Case

DC has replaced its local outside council with Los Angeles 'super lawyer' Daniel Petrocelli in the ongoing Superman case. Petrocelli has been involved in several high-profile cases including, representing the Goldman family in their victory against OJ Simpson and successfully [...]

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Disney Completes Acquisition Of Marvel

Marvel Entertainment, Inc., a global character-based entertainment and licensing company founded in 1939, announced that at a special meeting on Dec. 31, Marvel stockholders approved the adoption of the Agreement and Plan of Merger entered into by Marvel and The [...]

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