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'Rules Don't Apply' Investors Accuse Arnon Milchan of Fraud

“Rules Don’t Apply” was Warren Beatty’s return to the screen after a prolonged absence. It was a dud at the box office, but it’s enjoying a second life in court, where its big-shot investors are fighting over who is to blame for its failure and who should pick up the tab. 488 more words

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Weinstein Co. Is Just the Latest of Ron Burkle's Hollywood Follies

Last October, Ron Burkle was in Brazil for the wedding of his friend Guy Oseary, with whom he co-founded Ashton Kutcher’s tech fund. It was a star-studded affair, with Oseary’s management clients Madonna and U2 in attendance. 1,318 more words

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Weinstein Co. Sale to Ron Burkle Investor Group Collapses

A deal to sell the Weinstein Co. to an investor group led by billionaire Ron Burkle has collapsed, according to his partner, Maria Contreras-Sweet.

“We have received disappointing information about the viability of completing this transaction,” Contreras-Sweet said in a statement Tuesday. 880 more words

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Weinstein Company Deal Is Off Again; Bidders Meeting Tomorrow As TWC Does MGM-Like Bankruptcy

2ND UPDATE with bankruptcy details: Sources said TWC will move quickly into 363 bankruptcy, likely by March 15. It is expected to follow the orderly bankruptcy procedure that MGM went through several years ago, because there is no shortage of bidders that want these assets. 1,071 more words

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Weinstein Company Board Member Tarak Ben Ammar On How Marathon Negotiation Session Spared A Bankruptcy Plunge

EXCLUSIVE: All it took today to snatch the assets of The Weinstein Company back from a bankruptcy plunge was a 12-hour negotiating session, fueled by a common goal between New York Attorney General Eric Schneiderman, the remaining TWC board members Tarak Ben Ammar, Lance Maerov and Bob Weinstein, and Maria Contreras-Sweet and Ron Burkle. 1,229 more words

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TWC Board, New York AG Confirm Maria Contreras-Sweet Group Has Acquired Weinstein Company Assets

UPDATED with board statement: The board of directors at The Weinstein Company — Tarak Ben Ammar, Lance Maerov and Bob Weinstein — are now confirming the deal to sell the company’s assets to the investor group led by Maria Contreras-Sweet and Ron Burkle. 781 more words

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