Stanley M. Brooks’ Firm Filing For Bankruptcy
THR:
AFTRA has formally rejected a settlement offer by producer Stanley M. Brooks to actors who worked on the 2008 Logo TV series "Sordid Lives," and filed a petition in federal court in Los Angeles to confirm the results of their previous arbitration award against Brooks and his company Once Upon A Time.
The DGA, WGA West and the IATSE Motion Picture Industry Pension and Health Plan have also rejected the offer from Brooks to settle $1.6 million in mostly in unpaid residual payments, for $242,000, or about 16 cents on the dollar.
Brooks' company, as a result, will declare bankruptcy shortly, his attorney Kenneth Suddleson said Friday.
