Global Road Entertainment, an upstart film studio that sought to bridge the gap between movie markets in the United States and China, has hit a dead end.

The Los Angeles-based film studio filed for Chapter 11 protection Thursday in Wilmington, Delaware, listing between $100 million and $500 million in assets and liabilities. The downfall of the debtor, known as Open Road Films in bankruptcy court filings, comes less than a year after former Bear Stearns Cos. banker Wei Donald Tang acquired the company.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]