Three companies of Terminator Salvation film producers Derek Anderson and Victor Kubicek, who are also owners of the Terminator franchise rights have filed for bankruptcy Chapter 11. The filing was said to be done a day after both producers have filed a case suing their investors for allegedly pushed them to make bad business decisions.
Anderson and Kubicek were unable to pay Santa Barbara Hedge Fund Pacificor, based in Santa Barbara California, which financed their $30-million purchase of Terminator rights and loaned $9 million for other operating expenses according to LA Times reports.
Terminator Salvation was a huge success in the global arena making a hefty $300 million worth of tickers based on reports. This success is apparently not enough to keep Anderson and Kubicek from settling their financial problems with their creditors.
Terminator fans will wait for sure for more news and information about this and how this may affect long term plans for the Terminator franchise.
