Aramid, Molner Dodge Miramax Owner's $3M Loan Deal Suit

Law360, New York (December 11, 2012, 7:55 PM EST) -- A California state judge on Tuesday tossed a complaint by the co-owner of Miramax Films against Aramid Entertainment Fund Ltd. and film financier David Molner over a $3 million loan deal that purportedly released claims against a related entity, saying the allegations are pre-empted by state law.

Judge Michael P. Linfield adopted a tentative ruling granting Aramid and Molner’s motions to dismiss the first amended complaint brought by Miramax co-owner Ron Tutor and his company, Library Asset Acquisition Co., a court official and defense attorney confirmed....
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