Days after AfterShock went viral for claims regarding the failure to pay creator royalties, the comics publisher has filed for bankruptcy protection. Monday, the parent company of the comics outfit, AfterShock Comics, LLC, filed for Chapter 11 protection. The company filed its paperwork in the District of Central California, listing assets between $10 million and $50 million. The company’s liabilities are also listed for the same amounts. Rive Gauche Television, the parent company of AfterShock’s film and television development arm, also filed for bankruptcy protection.
AfterShock Comics, LLC and affiliates has filed Chapter 11 in the District of Central CaliforniaAssets: $10M-$50MLiabilities: $10M-$50MRepresented by:David L. NealeLevene, Neale, Bender, Yoo & Golubchik L.L.P.#Bankruptcyhttps://t.co/vWIoxTfiPV
This is @AfterShockComix. They owe friends of mine tens of thousands and I’ve been doling out contact details of California Lawyers for the Arts like it was Xmas candy. This is shameful behavior & people need to know. Also their rights deal SUCKS. pic.twitter.com/ahTPdB0pUX
