Producer Bob Yari has been forced to place the releasing division of his company, the Yari Film Group, in chapter 11 bankruptcy as they began to feel the squeeze of the tightening credit markets.
This recent development is surely going to negatively impact the two films the company is currently releasing, as it is being forced to suspend all its releasing activities.
The films at risk consist of the Brian Goodman directed crime drama “What Doesn’t Kill You” (Mark Ruffalo, Ethan Hawke) and the Rod Lurie’s “Nothing but the Truth,” which stars Vera Farmiga and Kate Beckinsale. “What Doesn’t Kill You” had a limited release last weekend to qualify it for the Academy Awards and “Nothing but the Truth” is slated for one beginning on December 19th, but with Yari under water, their chances at snagging wide releases are beginning to look grim and both films are at risk of becoming casualties of the current economic crisis.
