Eric Pleskow, the chairman and co-founder of...
Eric Pleskow, the chairman and co-founder of dormant Orion Pictures Corp., has resigned, the studio announced Wednesday.
Pleskow will leave effective July 1, and Orion said it would not name a replacement. Orion has been under Chapter 11 bankruptcy protection from its creditors since December.
Orion, which has hit severe financial trouble despite its involvement with Oscar-winning movies “Silence of the Lambs” and “Dances With Wolves,” has no new productions in progress. Orion has been searching for a buyer, and three companies have submitted proposals to reorganize or buy Orion.
Pleskow had been chairman since April, 1991.
On Tuesday, a U.S. federal bankruptcy judge extended the deadline by which Orion must present a reorganization plan from Friday to June 22.
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