Of course we know exactly what happens next.
Feature Films for Families, Inc, Corporations for Character, LC and Family Films of Utah will have been rolled up, and Forrest S Baker III will mysteriously be running a few entirely unrelated limited liability companies called "Family Feature Films", "Character Corporations" and "Utah Family Films".
Forrest will be quoted as saying "A few bad actors in a previous business venture have caused me significant personal distress and I will hasten to add that they are no longer with us. If anyone tries to impugn my character I shall be seeing them in court for defamation and libel/slander."