How to monetize — or not — investment in specific independent film projects- In Episode 42 of Accredited Investor Markets Radio host Christopher Cahill discusses the independent film industry with Bob Labate. The odds against return are high, and Mr. LaBate — who practices and teaches both entertainment law and financial restructuring law — introduces us to the principal components of film production, costs, and investment modes. But then, maybe your niece’s proposed film is another “Blair Witch Project”!
For more than two decades, Robert J. Labate has maintained an active litigation practice in corporate restructuring and transactional media and entertainment law. Mr. Labate has been an adjunct faculty member at DePaul University School of Law for many years, where he teaches two courses reflecting his practices: “Corporate Workouts and Restructuring” and “The Law of Film and Television Production.”
For the past five years, Mr. Labate has served as chair of the Public and Charitable Service Committee for the Chicago office of Holland & Knight, which supervises dozens of pro bono and community service representations and projects in the Chicago metropolitan community.
As a corporate restructuring and bankruptcy attorney, Mr. Labate represents parties in complex Chapter 11 and consensual out-of-court “workout” agreements. As part of the financial restructuring portion of his practice, Mr. Labate advises clients on creditor and creditor committee issues, debtor restructuring, and asset sales and acquisitions, including Section 363 sales.
Bob Labate is co-chair of the Holland & Knight national Sports & Entertainment practice and he represents entertainment, media and advertising clients and other content providers who produce, license, acquire, use and invest in film, television, theater, music and digital content for worldwide distribution. His clients include communications companies, television broadcasters, producers of scripted and documentary films, celebrities, writers, and investors. He has taught Film and Entertainment Law courses and is a frequent speaker on topics such as fair use, copyright, film and television production. In Spring, 2015, Lawyers For The Creative Arts will publish Mr. Labate’s book on film production law.
Mr. Cahill is counsel with Lowis & Gellen LLP, in Chicago, Illinois. He guides secured lenders, creditors, debtors, creditors’ committees, potential purchasers and others through bankruptcy cases, out-of-court workouts, assignments for the benefit of creditors, and receiverships. Mr. Cahill has substantial mega-case experience at national law firms representing very large debtors, and has counseled and…
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