Bad Press Hurt Financier In $660M Miramax Sale, Jury Hears

Law360, Los Angeles (August 10, 2012, 8:05 PM EDT) -- Hollywood financier David Bergstein testified Friday that The Walt Disney Co. forced him to take a back seat in its $660 million sale of Miramax Films after his former attorney leaked information to the press about his troubled companies, resulting in negative press that Disney worried would taint the deal.

Bergstein said attorney Susan Tregub, who is facing potential damages of up to $269 million for allegedly helped Aramid Entertainment Fund Ltd. put five of his companies in involuntary bankruptcy, was The Hollywood Reporter's source for...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.