David Bergstein Ends Miramax Lawsuit

By | Tuesday April 24, 2012 @ 11:25am PDT

David Bergstein Miramax LawsuitFinancier David Bergstein and Miramax owners Filmyard Holdings have reached an agreement today on their ongoing legal dispute. No details of the deal were made public, other than that Bergstein will dismiss the case he filed against the company and investors April 9. However, a source close to the arrangement tells Deadline that Bergstein will receive a “small amount of money in the deal.” The source added, “this is a full retraction by David and he holds no stake in the company.” Bergstein had claimed in the suit that he was owned 3.3% of the company and $6 million for putting the deal together in the first place. “I am pleased that I was able to sit down with my counterparties in this suit, discuss our differences and resolve them,” said Bergstein. “I fully retract the claims made in the lawsuit against Filmyard, Miramax, Colony Capital, Richard Nanula and Josh Grode. I’d like to thank everyone involved for their understanding and cooperation.” Read More »

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It’s Official: Disney Seals Sale of Miramax

The Walt Disney Co’s sale of Miramax Films to Filmyard Holdings for $663 million — subject to certain adjustments — has been completed, it was announced today by both companies. The actual owners are construction magnate Ron Tutor and Tom Barrack’s Santa … Read More »

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Lagging Miramax Deal Delays Two Films

EXCLUSIVE: I’m told that Miramax transaction between owner Disney and soon-to-be new owners, construction magnate Ron Tutor and Tom Barrack’s Santa Monica-based Colony Capital (led by former Disney CFO Richard Nanula), won’t be finalized until the end of the year or soon … Read More »

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