A French court has rejected FilmFunds’ bid to acquire Quinta Industries’ Duran Duboi, the Paris-based post-production and vfx house that was declared bankrupt last week.
Duran, the company’s animation arm, has been shuttered; Duboi, the vfx and post-production arm, will remain open until Jan. 30.
Duboi had been set to carry out the vfx on Laurent Tirard’s 3D film “Asterix and Obelix: God Save Britannia,” among other pics.
The film’s producers, Marc Missonnier and Olivier Delbosc, said that the film will be finished on time. They are examining options, and will likely hire another company to handle the visual effects, which will bump up costs.
French industryites, notably Gaul’s film technicians org Ficam, are up in arms about the collapse of Quinta Industries’ three subsidiaries — Duran Duboi, LTC and Scanlab — as the companies were due to handle post-production on 36 films.
Ficam said that five films held by LTC have not been released because the administrator is insisting on immediate payment from the producers for services provided.