James Bond Will Return... in November 2012!

Despite several months where it appeared that 007 would be defeated by the mess that is MGM's finances, it appears that the return of James Bond is again a likelihood. Buried in this Bloomberg article detailing MGM's bankruptcy filings following a rejection of a takeover by Lionsgate, there is a nugget that states that MGM intends to have another James Bond film in theaters by November 2012. It was halfheartedly reported back in September that MGM wanted to have the next film in front of the cameras in the fall of next year, and this new development brings that just a little closer to reality. There was a great fear that a deceleration of bankruptcy would tie up the rights to the 007 franchise for years amongst different creditors. I don't pretend to understand the details of how MGM was able to file for Chapter 11 and keep the series intact. Any financial experts who want to explain in the comments section are welcome.