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Malpractice Claims Filed Against Loeb & Loeb and Of Counsel Over King Fury 2 Film Production
A Chinese film production company seeks over $60 million in damages and alleges a Los Angeles law firm and its attorney committed legal malpractice and breached their fiduciary duty while involved in an overseas film production. Shanghai-based Creasun Entertainment USA Inc., has filed suit against Loeb & Loeb and attorney Michael Helfant, who is of counsel to the firm, in Los Angeles County Superior Court. Creasun Entertainment USA Inc. v. Helfant, 24STCV03380.
Creasun claims the defendants failed to diligently represent its interests when the company retained the firm and Helfant to negotiate its financing for the film King Fury 2, set to star Arnold Schwarzenegger and Michael Fassbender, among others. Creasun became involved with the production after film producer Alex Lebovici approached Minglu Ma, the company's chairman, about an investment opportunity in the film.
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