Field Fisher Waterhouse advises on funding for the St Trinian’s sequel
30 July 2009
Following its recent financing of
‘Sex&Drugs&Rock&Roll’, a film about the life
of pop singer Ian Dury, Field Fisher Waterhouse LLP has advised
Aegis Film Fund (Aegis), a newly launched debt fund, on its
second financing - financing the St Trinian’s sequel,
“St. Trinian’s: The Legend of Fritton’s Gold”. The sequel
stars original cast members Rupert Everett and Colin Firth and new
boy David Tennant. The film started shooting this month and will be
directed by Oliver Parker and Barnaby Thompson.
Aegis is the lead debt financier of the film alongside
Entertainment Films Distributors Limited and a number of Prescience
entities. This is the second film that the fund has committed to as
part of a total $50 million it intends to invest in films this
year, with a focus on big budget productions. Aegis plans to use
the cash pool to invest in film and media content by providing
various forms of short to medium term loans and debt, including
discounting of government tax credits and re-sales contracts, basic
gap funding and secured bridge financing.
Media
partner Tim Johnson,
who heads up the firm’s media group, led on the deal, assisted by
solicitor Sonal Patel.
The firm has a strong reputation in the media sector and Tim and
his team advise on all aspects of media and communications
law, with particular emphasis on media asset financing and the
distribution and production of audiovisual assets.
Ealing Studios were advised by Olswang, Entertainment Film
Distributors Limited were advised by Sara Curran and the Prescience
Parties were advised by Harbottle & Lewis.
For further press information please
contact:
Louise Eckersley, PR Manager,
Field Fisher Waterhouse LLP on +44 (0)20 7861 4120.