AIM To File for Bankruptcy? – An Exclusive.

I’m hearing that AIM is either in the process of or has officially filed for bankruptcy protection.  Seeing that they have shut the doors completely I would expect this, and I expect it will be a chapter 7.  Chapter 7 means they aren’t going to pay and that the court will order a sale of all non exempt items that AIM owns to be used to repay creditors.  AIM doesn’t own anything so creditors can expect very little if any relief.

 

AIM To File for Bankruptcy? – An Exclusive.

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  1. I wanted to go but was scheduled to work that day. There was a last minute change of plans and I was able to attend, but they made such a big deal out of RSVPing I was afraid I would get there and they would not let me in (It was a bit of a drive from where I was at the time) Also, groups like this in porn sometimes tend to turn into elitests for no reason so I was thinking that the fact I haven’t made a movie in 4 year might make me unqualified in their eyes to attend.

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Mike South

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