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‘One Life to Live,’ ‘All My Children’ producer Prospect Park Network files for bankruptcy

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TheWrap.com

Prospect Park Networks, the production company that briefly revived “All My Children” and “One Life to Live” after those series were canceled by ABC, has filed for Chapter 11 bankruptcy, according to documents filed Monday in U.S. Bankruptcy Court and obtained by TheWrap.

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The documents note that the company's managers “have deemed it advisable and in the best interests of the company and its members to wind-down the company's business and operations.”

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