March 2, 2001 |
One of Hollywood's top talent managers improperly received more than $1.3 million in loans and advances from a company controlled by former New York money manager and convicted swindler Dana Giacchetto, according to papers filed in U.S. Bankruptcy Court in New York. But the manager, Rick Yorn, through lawyer David Stern, denied any wrongdoing. Stern called the action typical for trustees in bankruptcy cases who aggressively try to dig up funds wherever they can.
August 10, 2001 |
Hollywood talent manager Rick Yorn agreed Thursday to pay $610,000 to settle a 5-month-old financial dispute with the bankruptcy trustee liquidating Cassandra Group, the New York investment vehicle once owned by imprisoned money manager-to-the-stars Dana Giacchetto. The deal settles allegations made in March by Cassandra trustee Robert L. Geltzer that Yorn had improperly received more than $1.3 million in loans and advances from Giacchetto.
April 7, 2000 |
Money manager Dana Giacchetto's arrest this week on charges that he pilfered $6 million from the accounts of his celebrity clients is a reminder of Hollywood's weakness for fast-talking, good-looking con artists. And, when exposed as unsophisticates, how quickly they close ranks against the intruder. Being mentioned with Giacchetto now has the cachet of finding your name in confessed Hollywood madam Heidi Fleiss' address book. It requires a lot of explaining.
December 2, 1998 |
Michael Ovitz has named his new management-production business Artists Management Group and by today expects to sign a deal with Rick Yorn and Julie Silverman Yorn to be his partners in the new venture, sources confirmed Tuesday afternoon. Ovitz's plans have been closely watched by Hollywood, where the co-founder of Creative Artists Agency was once considered the entertainment industry's most powerful talent broker.
September 29, 1999 |
Artists Management Group, the Beverly Hills management company founded by former talent agent Michael Ovitz, said Tuesday that it is forming a division to develop comedy talent and package comedy shows. Artists Comedy Group will be led by two former William Morris Agency agents, James Dixon and Mike August, who the company said will work with talent agencies, including Morris, to develop programs.
January 21, 1999 |
In a move sure to fuel the war between Hollywood talent agents and managers, Michael Menchel resigned from Creative Artists Agency to join former boss Michael Ovitz in his new management company, sources said Wednesday. And Menchel is taking some key clients with him, top among them actor Robin Williams. Williams, who stars in Universal's current box-office hit "Patch Adams," is one of Hollywood's highest-paid movie stars, making $20 million a picture.