Filing Alert: Village Roadshow Entertainment Group USA Chapter 11

Village Roadshow Entertainment Group USA Inc. and its debtor affiliates⁽¹⁾, a West Hollywood, CA-based independent producer and financier of major Hollywood motion pictures, filed for Chapter 11 protection on Mar. 17 in the U.S. Bankruptcy Court for the District of Delaware.

The company reports $100 million to $500 million in assets and $500 million to $1 billion in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-10475.

⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.

Chapter 11 Debtors

Top Unsecured Claims

Key Parties

Local Bankruptcy Counsel:

• Joseph M. Mulvihill
• Young Conaway Stargatt & Taylor, LLP
• Email: jmulvihill@ycst.com

General Bankruptcy Counsel:

• Sheppard Mullin, Richter & Hampton LLP

Special Litigation Counsel:

• Kirkland & Ellis LLP

Financial and Restructuring Advisor:

• Accordion Partners, LLC

Investment Banker:

• SOLIC Capital Advisors, LLC

Signatories:

• Keith Maib – Chief Restructuring Officer

Claims Agent:

• Kurtzman Carson Consultants, LLC dba Verita Global

Equity Security Holders:

• Village Roadshow Entertainment Group (BVI) Limited ("VREG BVI") – 100% Membership Interest
  • VREG BVI Equity Security Holders:
    • Vine Media Opportunities - Fund III-A, LP – 47.1% Equity Interest
    • 1397225 Ontario Limited – 15.2% Equity Interest
    • Vine Media Opportunities - Fund III, LP – 13.5% Equity Interest
    • Falcon Strategic Partners IV, LP – 12.8% Equity Interest
    • Vine Media Opportunities - Fund III-B, LP – 7.1% Equity Interest
    • Village Roadshow Pictures International Pty Ltd – 2.5% Equity Interest
    • Vine WestCon SPV, LP – 1.8% Equity Interest

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.

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