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Entertainment & Sports

Oct. 26, 2010

Magnate Seeks Film Foreclosure

Millionaire construction magnate Ron Tutor is hoping a judge will pave the way for one of his companies to foreclose on a large library of films - a key asset tied up in an increasingly messy bankruptcy showdown.

By Jean-Luc Renault

Daily Journal Staff Writer

LOS ANGELES - Construction magnate Ronald Tutor is hoping a judge will pave the way for one of his companies to foreclose on a large library of films - a key asset tied up in an increasingly messy bankruptcy showdown.

The films were bought from financier David Bergstein's film entities, which are fiercely battling creditors in a series of involuntary Chapter 11 cases that seve...

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