Tax Credit Film Financing of the Motion Picture entitled "Broken City"
Representation of a film finance company in connection with the financing of a film production secured by state film tax credits. The financing required the negotiation of, among other things: (i) loan documents with the borrower; (ii) an interparty agreement with financiers and foreign and domestic distributors; (iii) intercreditor agreement with the senior lender to the production; (iv) the facility agreement with financier's lending source; (v) interim financing documents with bridge lender and (vi) a completion guaranty with the film's completion guarantor.