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Latest Metro-Goldwyn-Mayer Inc. Stories

2011-01-11 16:46:00

LOS ANGELES, Jan. 11, 2011 /PRNewswire/ -- Michael G. Wilson and Barbara Broccoli of EON Productions, together with Gary Barber and Roger Birnbaum, Co-Chairmen and Chief Executive Officers of Metro-Goldwyn-Mayer Inc., today announced that the 23rd James Bond film will commence production in late 2011 for a worldwide release on November 9, 2012. Daniel Craig will be returning as the legendary British secret agent, with Sam Mendes directing a screenplay written by Neal Purvis, Robert Wade...

2010-12-20 16:26:00

LOS ANGELES, Dec. 20, 2010 /PRNewswire/ -- Metro-Goldwyn-Mayer Inc. ("MGM") today announced that the company's restructuring has become effective, with exit financing of $500 million in place. The company's "pre-packaged" plan of reorganization (the "Plan") was confirmed on December 2, 2010, by the U.S. Bankruptcy Court for the Southern District of New York. (Photo: http://photos.prnewswire.com/prnh/20101220/NY20237 ) "MGM is emerging from one of the most challenging periods of its...

2010-12-02 12:00:00

LOS ANGELES, Dec. 2, 2010 /PRNewswire/ -- 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 for MGM and its subsidiaries to emerge from Chapter 11 in short order. In confirming the Plan, Judge Stuart M. Bernstein found that it satisfied the various requirements of the U.S. Bankruptcy Code. "Today's ruling is an...

2010-11-04 13:43:00

LOS ANGELES, Nov. 4, 2010 /PRNewswire/ -- Metro-Goldwyn-Mayer Inc. ("MGM") today announced that the U.S. Bankruptcy Court for the Southern District of New York has granted approval of MGM's "First Day Motions" as part of the Company's voluntary filing for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Approval of these motions will help MGM to continue to operate in the ordinary course of business during the reorganization process. Among the first day motions granted...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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