Black Lion Pictures faces bankruptcy proceedings initiated by Vauraus in Finland

The Finnish video production company Black Lion Pictures is facing bankruptcy proceedings, initiated by the Finnish company Vauraus, which specializes in corporate lending. Based in Norway, Black Lion Pictures Oy focuses on the production and distribution of domestic independent films. The company gained recognition in 2015 when one of its films won the Audience Award at the Jussi Awards, Finland’s most prestigious film honors. Further updates on the situation are expected.