August
26
Peter Hoffman repays $1.5M loan to Sacramento Warriors point guard Baron Davis
Specifically, the loan to Hoffman's Seven Arts came through Davis' production company, Too Easy Entertainment. Seven Arts announced the repayment via BusinessWire, much as it announced last week's repayment of $6.5M to the Cheyene Specialty Finance Fund. Release: "the repayment came from financing and distribution of films, as well as from film library revenues. No money was raised, no shares were sold, and no additional debt was incurred, to complete the repayment." Seven Arts and Too Easy were producers on 2005's "Asylum" starring Natasha Richardson and Ian McKellen.
>> PREVIOUSLY: Peter Hoffman's Seven Arts Pictures repays $6.5M debt to hedge fund

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