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New Yorker Films Closes

By Laurence Lerman, Video Business
Loeb & Loeb LLP is noted and Lance Jurich is quoted on his representation of Technicolor and its forthcoming foreclosure sale of New Yorker Films' motion picture library. Technicolor acquired the assets of the arthouse film company when its parent company, Madstone Films, defaulted on a loan to Technicolor that used the assets as security.