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Entertainment & Sports

Mar. 23, 2010

Film Financier Pushed Toward Bankruptcy

A group of creditors with more than $11 million in judgments and claims against David Bergstein's companies filed petitions to force them into Chapter 11, freezing all other litigation involving the companies.

By Jean-Luc Renault

Daily Journal Staff Writer

LOS ANGELES - Several parties with pending lawsuits seeking a total of $130 million from film financier David Bergstein's companies are out of luck - at least for now.

A group of creditors with more than $11 million in judgments and claims against five of Bergstein's film distribution and production entities filed petitions Wednesday to force them into Chapter 11, freezing...

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