Posts Tagged Digital Domain

Corporate Bankruptcies Stick Tax Payers With the Bill

In September Digital Domain Media Group, Inc., the movie production company created by James Cameron filed Chapter 11 Bankruptcy, closing the doors of their Port St. Lucie production studio and laying off 300 Florida employees. Chapter 11 Bankruptcy allows businesses to reorganize under the United States’ Bankruptcy Code.In September Digital Domain Media Group, Inc., the movie production company created by James Cameron filed Chapter 11 Bankruptcy, closing the doors of their Port St. Lucie production studio and laying off 300 Florida employees. Chapter 11 Bankruptcy allows businesses to reorganize under the United States’ Bankruptcy Code.

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