Paretti's behavior led to the bankruptcy of MGM-Pathé and additional lawsuits eventually resulted in a foreclosure by financial backer Crédit Lyonnais in 1992. The "Bond" rights lawsuits were settled in December 1992, and the renamed Metro-Goldwyn-Mayer, now run by a Crédit Lyonnais subsidiary, began to explore further development of "Bond 17" with Danjaq in 1993. Dalton was still Broccoli's choice to play Bond, but the star's original seven-year contract with Danjaq expired in 1993. Dalton has stated that the delay of his third film effectively ended the contract in 1990.