Academy Award-winning special FX firm files for bankruptcy protection

Digital Domain, whose founders include “Titanic” director James Cameron, listed total debt of US$214.9 million and total assets of US$205 million, court documents showed.

Digital Domain has worked on more than 90 major motion pictures, including “Pirates of the Caribbean: At World's End,” “Transformers,” “The Curious Case of Benjamin Button,” “Star Trek” and “X-Men: First Class,” and has won several Oscars.

The company had warned investors that an inability to quickly access additional sources of cash would require it to seek protection from creditors.

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