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German International Finance Firm Goes Kaput! Which Means Not So Many Co-Financing Deals With the Fatherland

Posted on August 19, 2008

A German firm that wanted to create the cash flow that American companies thought they could eke out of Deutsche-speaking territories has gone belly up with some serious debtors looking for blood, including actor John Cusack and director Jan De BontInternationalmedia declared bankruptcy in Germany on Tuesday, leaving a handful of angry debtors. The company, looking to save face, blamed its problems on the financial woes of financier David Bergstein.Variety says: Internationalmedia was hit hard last year by the cancellation of Jan De Bont's Stopping Power, an action pic that was set to star J...


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