AITA Films Limited intends to appoint law firm Debenhams Ottaway to oversee the administration process.
In the UK, company directors can put a firm into administration if it cant pay its debts.
The process protects AITA Films from legal claims from those owed money.
Simon Pegg stars in ‘Angels In The Asylum’Getty
Rob Sorrenti, the producer and director ofAngels In The Asylum, is AITA Films sole director.
We hope this is temporary while we continue to raise the funds for the film.
The reasons forAngels In The Asylumsfinancial strife are disputed.
The position of Sorrenti and Greenwood is that funding under an arrangement with distributor Parkland Pictures has not materialized.
Those who have worked on the film talk animatedly about the strength of the script and rushes.
