'Transylmania' Investors Hit Directors With $22M Fraud Suit

Law360, New York (June 26, 2012, 6:24 PM EDT) -- Investors of the commercial flop "Transylmania" lodged a $21.5 million breach of contract suit on Monday, claiming the film's directors and production companies committed fraud of "staggering" proportions by using the film's multimillion-dollar marketing budget to pay off personal debts.

In a complaint filed in Los Angeles Superior Court, Third Eye Capital Corp. and Strative Capital Ltd. claimed directors David Hillenbrand and Scott Hillenbrand, their production company Hill & Brand Productions LLC and others breached a financing agreement by misrepresenting the project and later misusing and...
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