David Bergstein is no stranger to legal troubles associated with his complex and massive web of debts and dealings.
But this time, his creditors are banding together in a bid for a legal takeover of his assets in order to recoup something from the film financier and Capitol Films CEO who has filched on debts from the biggest investment banks to his own agent.
A group of 13 creditors – including advertisers, publicists and the Writers Guild West – have sued the film financier in an attempt to force him into a chapter 11.
Their moves include a bid to get the court to appoint a trustee to divvy up assets among the creditors.