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Open Road Films LLC

The firm represents the creditors' committee in the Open Road Films chapter 11 cases in the United States Bankruptcy Court for the District of Delaware. Founded in 2011, Open Road licenses motion pictures in the U.S., mostly to home entertainment, pay television, subscription, video-on-demand, and other nontheatrical distribution markets. It currently controls about 45 films. The company's films have generated $1.3 billion in worldwide box office receipts and won thirteen Academy Awards, including Best Picture winner "Spotlight.” Late last year, Open Road reached an agreement with its proposed buyer and a group of film producers over contract assumption issues to gain approval for its $85 million chapter 11 asset sale.