ENTERTAINMENT
- Share via
From Times Staff and Wire Reports
Judge Dismisses Kerkorian’s Credit Lyonnais Suit: The French bank, which owns the MGM studio, said Superior Court Judge Richard Hubbell ruled Kerkorian failed to state a legally viable claim when he alleged that Credit Lyonnais had defrauded him in financing Italian businessman Giancarlo Parretti’s ill-fated purchase of MGM from Kerkorian in 1990. A spokesman for Kerkorian, however, called the development a technicality, adding that the billionaire plans to file an amended lawsuit next week.
More to Read
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.