Kim Basinger is an American actress and former fashion model. Many of you know the famous actress because of being recognized through her acting accomplishments by the Academy Awards, Golden Globe Awards, and the Screen Actors Guild Awards, not to mention the many movies she has starred. What many of you may not know about Basinger is that according to her lawyers, she once filed bankruptcy that had the effect of saving the small Georgia town of Braselton.
The town was named after the Braselton family that lived in the area for some time. The town was bought from the Braselton Families by a partnership between the Ameritech Pension fund and Basinger in 1989 for $20 million. The Basinger-Braselton partnership hoped to establish Braselton as a tourist attraction with movie studios and a film festival. At the same time that Basinger entered into the contract to buy the town, she was having a dispute with Main Line Pictures over a movie she agreed to act in. Basinger, who at the time had recently been married to Alec Baldwin, did not want to make the movie so she could have a baby at the age of 40.
The studio sued her for breach of contract.
Tags: Actress, Famous Actress