Insiders familiar with STX said the bankruptcy filing was a strategic move to avoid a coup from the film’s co-producer Anton
Filed on Feb. 28 in Louisiana by ErosSTX President and General Counsel Noah Fogelson, the motion asks the bankruptcy court for relief in the form of time — time for STX to pay its creditors and to find the capital to co-finance and co-produce a sequel to the disaster movie, co-starring “Homeland” actress Morena Baccarin.
“FSO Jones is the entity that owns the global distribution rights in the sequel to our film ‘Greenland’ which had tremendous success both domestically and throughout the international markets.
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