A group of 13 creditors who together are owed millions of dollars by David Bergstein and some 75 corporate entities he controls worldwide, including Capitol Films and ThinkFilm, have filed lawsuits in federal court in Los Angeles to force an involuntary Chapter 11 bankruptcy and the immediate appointment of a trustee to take charge of whatever assets and businesses remain.
The creditors want an injunction to halt the planned auction of rights to more than 800 movies, including "Crouching Tiger, Hidden Dragon," "The Air I Breathe" and Woody Allen's "Sweet and Lowdown," scheduled for Monday by a company apparently controlled by Ron Tutor, a construction executive who has been Bergstein's longtime "silent" partner in the movie business.
"Because Bergstein has demonstrated repeatedly that he is unfit and incompetent, it is imperative that the court immediately appoint a trustee," the creditors say in the suits filed Thursday in U.S. Bankruptcy Court.
The creditors »
- By Alex Ben Block
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