Lionsgate Halts Forced Closure Of EOne UK By Settling Unpaid Tax Bill

EXCLUSIVE: Lionsgate has narrowly avoided the enforced closure of Entertainment One UK Limited, a British trading arm with revenues of more than £176M ($237M), after settling an unpaid tax bill. HM Revenue & Customs (HMRC), the UK tax authority, issued eOne UK with a “winding-up petition,” which is the last resort taken by a creditor […]