{"id":40904,"date":"2010-12-02T13:24:34","date_gmt":"2010-12-02T18:24:34","guid":{"rendered":"http:\/\/www.theonering.net\/torwp\/?p=40904"},"modified":"2010-12-02T13:24:34","modified_gmt":"2010-12-02T18:24:34","slug":"mgm-studios-bankruptcy-plan-wins-judges-ok","status":"publish","type":"post","link":"https:\/\/www.theonering.net\/torwp\/2010\/12\/02\/40904-mgm-studios-bankruptcy-plan-wins-judges-ok\/","title":{"rendered":"MGM studio&#8217;s bankruptcy plan wins judge&#8217;s OK"},"content":{"rendered":"<p class=\"intro\"><img decoding=\"async\" src=\"http:\/\/www-images.theonering.org\/torwp\/wp-content\/uploads\/2008\/03\/mgm_logo.jpg\" alt=\"\" title=\"MGM Logo\" width=\"124\" height=\"72\" class=\"alignright size-full wp-image-28522 no-lazyload\" \/>(Reuters) &#8211; Metro-Goldwyn-Mayer Studios Inc won a federal judge&#8217;s approval for its bankruptcy reorganization plan, clear the way for the storied Hollywood studio to emerge from Chapter 11 under new ownership.<\/p>\n<p>U.S. Bankruptcy Judge Stuart Bernstein approved the plan at a hearing on Thursday in Manhattan, with a written order expected to follow. Jay Goffman, a lawyer for MGM, said the company expects to emerge from bankruptcy in a few weeks.<\/p>\n<p>Founded in 1924 and known for its roaring lion logo, MGM produced, released or controls many of Hollywood&#8217;s best known films, including the James Bond, Pink Panther and &#8220;Rocky&#8221; film series, as well as &#8220;Ben-Hur&#8221; and &#8220;The Wizard of Oz.&#8221; <a href=\"http:\/\/www.reuters.com\/article\/idUSTRE6B14CZ20101202\">More..<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Metro-Goldwyn-Mayer Studios Inc won a federal judge&#8217;s approval for its bankruptcy reorganization plan, clear the way&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4,1156,498],"tags":[],"class_list":["post-40904","post","type-post","status-publish","format-standard","hentry","category-hobbit-movie","category-mgm-production-studios-production","category-production-studios"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"(Reuters) - Metro-Goldwyn-Mayer Studios Inc won a federal judge&#039;s approval for its bankruptcy reorganization plan, clear the way for the storied Hollywood studio to emerge from Chapter 11 under new ownership. 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U.S. Bankruptcy Judge Stuart Bernstein approved the plan at a hearing on Thursday in Manhattan, with a written order expected to follow. 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