March 2, 2021

Aramid Entertainment Fund files for bankruptcy over lawsuits

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From Moneynews Aramid Entertainment Fund Ltd., a hedge fund specializing in financing movies, sought bankruptcy court protection from creditors to deal with the costs of suing borrowers who failed to repay loans. Aramid listed assets of $100 million to $500 million and debt of $10 million to $50 million in Chapter 11 documents filed June […]