Reality TV World Show Updates   People News   Ratings News   Scheduling News   Application News   Spoiler News
Features & Interviews   Sexy Social Pics of the Day   Things to Know Profiles   Message Boards   Shows Listing

HOME > OTHER ENTERTAINMENT NEWS > Industry NEWS

Adult film company files for Chapter 11 bankruptcy protection


UPI News Service, 08/14/2005 

A subsidiary of Jill Kelly Productions, a San Fernando Valley (Calif.) adult film company, has filed for Chapter 11 bankruptcy protection.

ADVERTISEMENT
The company, which has a library of more than 250 pornographic films, revealed it owes more than $3 million to about 85 creditors. It listed its assets at between $1.5 and $3 million, said the Los Angeles Times.

Among the creditors are American Express, industry trade paper AVN Publications and Nasty Pixx, another film company.

"We had no alternative but to file to protect the assets of the corporation," Chief Executive Philip Starr said.

Starr, who took control of the company last month, blamed mismanagement for the company's financial position but would not comment further.

Porn actress Jill Kelly, whose real name is Adrianne D. Moore, was president of the company until an internal dispute led to her departure earlier this year.

Kelly has acted in over 200 adult films over 10 years.


Get more Reality TV World! Follow us on Twitter, like us on Facebook or add our RSS feed.




Copyright 2005 by United Press International










Take Our User Survey





Page generated Sun Aug 28, 2016 15:06 pm in 2.2578978538513 seconds

About Reality TV World   •   Advertise on Reality TV World  •   Contact Reality TV World  •   Privacy Policy   •   RSS Feed



Page fetched in 2.2744009494781 seconds