Financier Bergstein Lost $269M Due To Ex-Atty, Witness Says

Law360, Los Angeles (August 15, 2012, 8:17 PM EDT) -- A consultant for David Bergstein testified Wednesday that losses caused when his former lawyer helped Aramid Entertainment Fund Ltd. put five of his companies into involuntary bankruptcy totaled $269 million, including $60 million he lost on the sale of Miramax Films.

Philip Fier, a former head of strategic planning for Sony Pictures Entertainment Inc., told a Los Angeles jury Wednesday he has reason to believe that Bergstein was central to The Walt Disney Co.’s $660 million sale of Miramax to an investment group in July 2010,...
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