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Lipsync, Storied UK Post House & Film Investor, Files For Administration
Lipsync Post, the 40-year-old British post-production house and film investor, has effectively filed for Chapter 11 bankruptcy.
Adrien Brody in 'The BrutalistA24/Everett Collection EXCLUSIVE: Lipsync Post, the 40-year-old British post-production house and film investor, has effectively filed for Chapter 11 bankruptcy. Lipsync, which boasts credits including The Brutalist and Wolf Hall, has appointed accountancy firm Oury Clark as an administrator, putting as many as 70 jobs at risk. The UK administration process is similar to Chapter 11 bankruptcy, but unlike in the U.S., where directors remain in control of the business, Oury Clark will take charge of Lipsync’s operations and attempt to restructure the company financially so it can pay creditors.
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