Massive Atlantic City Film Studio Files for Chapter 11 Bankruptcy

​ACX1 Studios LLC, a movie and TV production studio based in Atlantic City, New Jersey, files for bankruptcy.​

Written By Twinkle Jha
ACX1 Studios LLC filed a bankruptcy petition on March 13 (Image credit: Shahbaz Zaman | Pexels | Created on Canva)

ACX1 Studios LLC has formally initiated bankruptcy proceedings. The filing allows the company to restructure its debts while continuing operations under court supervision.

ACX1 Studios LLC Seeks Bankruptcy Protection

According to the PACER case details, the production studio filed a voluntary Chapter 11 on March 13, 2026. The process is currently taking place in the U.S. Bankruptcy Court for the District of New Jersey.

Attorney Justin M. Gillman of Gillman Capone LLC is offering legal representation to the company, court filings add. Gia Aaron, the chief executive officer of ACX1 Studios LLC, signed the petition before it was submitted to the court.

Company Background

Located on the pier at Caesars Atlantic City, the studio operates a four-story, 550,000-square-foot production facility along the Atlantic City boardwalk, according to Wikipedia. The full-service media production hub supports television, film, and social media projects. According to its website, ACX1 Studios offers 150 studio sets along with equipment rentals, post-production, and production crew support.

In addition, the New Jersey-based company offers catering services, positioning it as a production hub serving national and local projects.

The website further states that the studio is managed by its founders and veterans with more than 20 years of experience. It aims to rejuvenate entertainment and shopping at Atlantic City’s boardwalk through its creative attractions.

Case Related Details

RK Consultants notes that ACX1 Studios LLC is a limited liability company, which filed its Chapter 11 petition under Subchapter V. It adds that the aggregate noncontingent liquidated debts of the New Jersey company are less than $3,424,000.

Here are some more details given in the Chapter 11 Subchapter V petition:

  • Filing Date: March 13, 2026
  • Court and Jurisdiction: U.S. Bankruptcy Court for the District of New Jersey
  • Type of Filing: Active, Voluntary Petition, Subchapter V
  • Chapter: 11
  • Case Number: 26-12812
  • Estimated Assets: $1,000,001-$10 million
  • Estimated Liabilities: $1,000,001-$10 million
  • Reason for Filing: Restructure business under court supervision

As of now, the company currently owes roughly 1 to 49 creditors in total. Court records indicate that funds will be available for distribution to the unsecured creditors.

ACX1 Studios LLC’s bankruptcy filing marks a notable shift for the media production studio, as it seeks to reorganize its operations. Submission of additional important documents and further updates may occur in the coming days as the case proceeds.

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Twinkle Jha is a content writer passionate about crafting engaging and informative pieces for diverse audiences. She holds a degree in Journalism & Mass Communication that helps her create news-based articles related to restaurants, retail, and real estate in the US. With five years of writing experience, Twinkle has a strong base for her research, allowing her to create compelling content. Her keen eye for detail and creative approach make her writing stand out. When not working, she loves to watch movies.
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