“Haywire,” a 2011 action movie starring Channing Tatum and Gina Carano, is in development as a small-screen series at Relativity TV.
The Steven Soderbergh film, starring Carano as a secret agent on a revenge spree after her agency betrays her, is being adapted at the unit — soon to be an independent company following its purchase by a group of senior lenders in Relativity’s ongoing bankruptcy process.
Documents filed Tuesday in New York Bankruptcy Court said that Relativity CEO Ryan Kavanaugh — currently finalizing a plan to purchase the remainder of the studio’s assets — will retain a 50 percent economic interest if the project makes it to the air.
Earlier on Tuesday, U.S. Bankruptcy Court Judge Michael Wiles approved the $125 million sale of Relativity Media’s TV division to a group of senior lenders, as Kavanaugh and a group of investors seek to close a restructuring plan for the remaining assets.
At the Tuesday hearing, attorneys for Relativity also resolved a handful of remaining objections to the sale of the TV unit.
The assets Kavanuagh’s would retain includes Relativity Studios, with movies like Kristen Wiig’s “Masterminds,” Nicholas Hoult‘s “Collide” and Rooney Mara‘s “The Sacred Scripture,” as well as projects in development like a planned reboot of “The Crow.”
It also includes the company’s minority stakes in a sports management group, the for-profit Relativity Education and a joint film marketing and distribution entity with EuropaCorp.