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Appleseed Films' Micott & Basara Files for Bankruptcy

The financial research firm Teikoku Databank reported on Tuesday that the production company Micott & Basara filed for voluntary bankruptcy at the Tokyo District Court on April 21. Micott & Basara has been behind the animated Appleseed projects of the last decade, including the two computer-animated films and the upcoming Appleseed XIII series. The company had incurred 1.938 billion yen (about US$23.7 million) in debts at the end of March.

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