During a Los Angeles bankruptcy hearing Judge Ernest Robles has helped Derek Anderson and Victor Kubicek, the producers behind Terminator Salvation, to keep their struggling Halcyon Company operating.
The ruling gives Halcyon some much needed breathing space to continue development of Terminator 5.
Here’s the story in a nutshell.
In 2007 California based hedge fund Pacificor lent Halcyon $30M so that they could acquire the rights to the Terminator franchise. Halcyon state the lender then deliberately …
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