{"id":42601,"date":"2014-06-17T07:19:12","date_gmt":"2014-06-17T11:19:12","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=42601"},"modified":"2014-06-17T07:19:12","modified_gmt":"2014-06-17T11:19:12","slug":"movie-investing-hedge-fund-declares-bankruptcy","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2014\/movie-investing-hedge-fund-declares-bankruptcy.html","title":{"rendered":"Movie-Investing Hedge Fund Declares Bankruptcy"},"content":{"rendered":"<p>The Hollywood Reporter &#8211; Aramid Entertainment, a hedge fund based out of the Cayman Islands specializing in financing movies, has declared Chapter 11 bankruptcy.<\/p>\n<p>The move comes after years of loan-collecting and litigation have left Aramid in a cash-strapped position. The movie financier reveals it has assets with a book value at more than $237 million, but it&#8217;s the $11.4 million of liabilities \u2014 mostly in legal fees \u2014 that has caused Aramid to seek bankruptcy protection.<\/p>\n<p><a href=\"http:\/\/www.hollywoodreporter.com\/thr-esq\/movie-investing-hedge-fund-declares-712205\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hollywood Reporter &#8211; Aramid Entertainment, a hedge fund based out of the Cayman Islands specializing in financing movies, has declared Chapter 11 bankruptcy. The move comes after years of loan-collecting and litigation have left Aramid in a cash-strapped position. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-42601","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=42601"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42601\/revisions"}],"predecessor-version":[{"id":42603,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42601\/revisions\/42603"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=42601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=42601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=42601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}