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Movie and TV financing hedge fund Aramid Entertainment Fund Ltd. has filed for Chapter 11 bankruptcy, claiming it needs protection from creditors while it deals with the costs of suing borrowers...
Jun 17, 2014 · Movie-production investor Aramid Entertainment Fund Ltd. sought Chapter 11 protection last week with plans to wind down, citing the "extraordinary burden" of a series of pending lawsuits it is...
- sara.randazzo@wsj.com
- Reporter
Aramid Entertainment Fund is a mezzanine fund managed by Aramid Capital Partners. The fund is located in London, United Kingdom. The fund provided shorter-term debt finance for the production of films, television programs (movies, music & entertainment and broadcasting, radio & television), and video games. The fund preferred minority stake.
Jun 16, 2014 · Aramid Entertainment, a hedge fund based out of the Cayman Islands specializing in financing movies, has declared Chapter 11 bankruptcy. The move comes after years of loan-collecting and...
Jun 22, 2012 · Miramax co-owner Ronald Tutor claimed victory this week in his legal battle with Aramid Entertainment Fund and other creditors fighting over the remains of five film companies forced into...
Jan 8, 2013 · In the suit filed last February, Aramid — a Cayman Islands hedge fund — claimed it lost at least $44 million in connection with a slate film financing agreement with Sony Pictures...
Jul 26, 2011 · Investors claim hedge fund manager David Molner took loans from the fund for himself and hid it from auditors. They seek damages and an injunction to prevent defendants from selling fund assets.
