David Bergstein Sues Filmyard, Colony Over Miramax Buy

Law360, New York (April 9, 2012, 7:52 PM EDT) -- Film producer and financier David Bergstein on Monday sued Filmyard Holdings LLC and Colony Capital LLC — which together bought the Miramax Film Co. from the Walt Disney Co. in 2010 — for allegedly denying him payment for his role in putting together the deal.

In a complaint filed in Los Angeles Superior Court, Bergstein said Filmyard and Colony owe him a $6.1 million deferred transaction fee and a nondilutable 3.33 percent interest in Miramax under two contracts drawn up during the purchase, on which they...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.