16°c A few clouds
The Canadian Press - ONLINE EDITION
'Girls Gone Wild' files for bankruptcy protection, cites disputed debt to Wynn casino
This cover image released by Girls Gone Wild shows the September 2009 issue of "Girls Gone Wild." "Girls Gone Wild" filed for bankruptcy Wednesday, Feb. 27, 2013 in Los Angeles in a move the company says is aimed at restructuring its legal affairs amid several creditors seeking more than $16 million in disputed debts. (AP Photo/Girls Gone Wild via PRNewsFoto)
LOS ANGELES, Calif. - The company behind the "Girls Gone Wild" video empire has filed for bankruptcy in a move it says is an effort to restructure its legal affairs after several disputed court judgments.
GGW Brands LLC and several subsidiaries filed for Chapter 11 bankruptcy on Wednesday in Los Angeles, listing more than $16 million in disputed claims.
The largest claim is $10.3 million that Wynn Resorts Limited is seeking from the company for judgments entered against "Girls Gone Wild" founder Joe Francis over a gambling debt and statements he has made about the casino and its founder, Steve Wynn.
Francis no longer owns the company, which has made a fortune selling videos and magazines of young women flashing their breasts.
"Girls Gone Wild" issued a statement that it is financially strong but needed to "re-structure its frivolous and burdensome legal affairs."
More Movies
- Back to Top
- Return to Movies
More Movies
(1 of 7 articles for today)
Film Review: 'We Steal Secrets' is a juicy look at the WikiLeaks story
4:33 PM 0
Poll
Most Popular Movies
- Hangover 3: No nausea, not much of a headache
- Film review: 'The Hangover Part III' dares to end comic trilogy on a darker note
- MOVIES
- 'Quality Balls' doc profiles Winnipeg-born comedy veteran David Steinberg
- New on DVD/VOD
- Brosnan identifies with character in 'Love Is All You Need,' a widowed father
- Movie review: More cars, noise, stunts, weapons: 'Fast & Furious 6' piles it on
- Review: Hawke, Delpy's 'Before Midnight' is a raw, pitch-perfect look at mature love
- Difficult bandmate, terrible husband, amazing drummer
- Open casting call for part of young boy in Winnipeg-shot film
- McConaughey excels in tale of Southern masculinity
- Second instalment of sci-fi reboot lacks Khan-do attitude
- Film review: 'The Hangover Part III' dares to end comic trilogy on a darker note
- Difficult bandmate, terrible husband, amazing drummer
- Hangover 3: No nausea, not much of a headache
- 'Trek' does $70.6M but falls short of studio hopes; 'Iron Man 3' tops $1B worldwide
- Subtle horror unwinds in psychological film
- The point? What point?
- Comedy covers sex from A to Z... by way of S&M
- MOVIES
- Medical community lauds Jolie's courage, while pointing out that her solution is not for all
- There's some big, dumb fun to be had in comedy caper, but the laughs come at a queasy cost
- McConaughey excels in tale of Southern masculinity
- Second instalment of sci-fi reboot lacks Khan-do attitude
- Futuristic Colony bleak inside and out
- Director takes ‘Roaring ’20s’ literally with loud, garish Gatsby adaptation
- Tony Stark doesn't suit up as often, but sequel still packs in action
- Catherine Zeta-Jones checks into mental health facility for treatment of bipolar disorder
- Comedy covers sex from A to Z... by way of S&M
- Rape repercussion tale impressive film
- Second instalment of sci-fi reboot lacks Khan-do attitude
- Difficult bandmate, terrible husband, amazing drummer
- Bradley Manning emerges as the sympathetic star of WikiLeaks doc
- Hangover 3: No nausea, not much of a headache
- Medical community lauds Jolie's courage, while pointing out that her solution is not for all
- Second instalment of sci-fi reboot lacks Khan-do attitude
- Movie looking for boy with 'open, honest face'
- Six Israeli secret service chiefs and one inescapable conclusion
- Tony Stark doesn't suit up as often, but sequel still packs in action
- Imax to go out way it came in
- Open casting call for part of young boy in Winnipeg-shot film
- Manga: it's not just for kids anymore
- Cut out the jargon: Alan Alda centre at NY college teaches scientists to keep it simple
- Winnipeg-born actress Deanna Durbin dies at 91
Ads by Google
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.
Have Your Say
New to commenting? Check out our Frequently Asked Questions.
The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.