Exclusive: Lipsync POST, the British British House of Representatives, after production and cinematic investor, presented effectively to bankruptcy of Chapter 11.
Lipsync, which includes credits including Brutal and WolfThe Accounting Company has appointed Uri Clark as an official, exposing up to 70 jobs.
The UK’s management process is similar to bankruptcy 11, but unlike the United States, where managers continue to control work, Orange Clark will take responsibility for Lipsync operations and try to restructure the company financially so that they can pay creditors.
The latest Lipsync profits, which were presented for this year until the end of July 2023, showed that the company’s revenues increased by 44 % to 36 million pounds (49 million dollars). Pre -tax profit increased by 77 % to 1.4 million pounds. Lipsync used a total of 69 people.
The parent company of Lipsync is Glenthorp Limited, owned by Peter Hamden and Norman Miri, who are the administrative director of the House of Representatives and the Director of Finance, respectively. Hamden did not respond to the repeated requests for comment. Uri Clark was contacted to comment.
Lipsync invested in Brutal She included her work after Oscar -winning VFX and sound. Other modern credits include Fight or tripStarring Josh Hartnett, and Anthony Hopkins One life.
As an investor, Lipsync support projects including We need to talk about Kevinand Great expectationsand AnywhereAnd Made in Dagemham.
Tracking the management process Technicolor demiseThe famous VFX company and post -production company, earlier this year.
