“Dragon Wars” director Shim Hyung-Rae’s production company is closed

September 1, 2011 by · Leave a Comment 

The Chosunilbo is reporting that director Shim Hyung-rae is broke. The comedian-turned-actor known for directing the 2007 sci-fi movie “D-War” (Dragon Wars) lost his production company which closed down after eight years of starting it. His company’s building was seized by the court after 43 employees petitioned the Ministry of Employment and Labor demanding their unpaid wages.

The bad news comes after Shim’s last film “The Last Godfather” earned under its production budget.

The Chosunilbo also mentions that he is being sued by a saving bank for failure to repay a W2 billion loan he took to produce “D-War”.