Cole Schotz Secures Victory for The Wimbledon Fund in Suit Against Hollywood Producer Kiarash Jam

July 18, 2019Attorneys: James W. Walker, Leo V. Leyva, Eric S. Latzer, Cameron A. Welch and James T. Kim
Cole Schotz P.C. secured a judgment in favor of The Wimbledon Fund, SPC Class TT in the U.S. District Court for Central District of California, marking a significant victory following five years of litigation across multiple states. On July 18, the Cole Schotz team secured a final judgment for $17.66 million against Hollywood producer and director Kiarash Jam, and for $2.32 million against his company, Integrated Administration.

Wimbledon filed suit against film producer David Bergstein’s asset management firm Swartz IP Services Group Inc. (SIP) in 2015, for the fraudulent transfer of $17.66 million in purchased notes to third parties before letting SIP default on the loan, including $2.3 million fraudulently transferred to Jam’s company Integrated Administration.

The Cole Schotz team secured an initial victory in the Supreme Court of the State of New York against SIP on November 24, 2015 in the form of a judgment in the principal amount of $18.2 million. Wimbledon subsequently reached a settlement with various parties, but retained its claims against Jam and Integrated Administration.

While Jam argued that he was not behind the fraud, despite evidence presented that he was an officer for SIP, the Cole Schotz team convinced U.S. District Judge Christina A. Snyder to declare Jam as jointly liable for the contractual obligations owed by SIP. The judge granted Wimbledon’s summary judgment and determined the Hollywood producer must pay the sum which is owed for his involvement in the corrupt loan purchase financing transaction.

The Cole Schotz team that represented The Wimbledon Fund was led by James Walker and consisted of members Leo Leyva, Eric Latzer, Cameron Welch and James Kim. The firm’s efforts spanned its Texas, New York and New Jersey offices.

Hosted on the FirmWise platform.

© Cole Schotz P.C.


The materials on this site have been prepared by Cole Schotz P.C. for general informational purposes only and are not intended to constitute legal advice. Viewers should not act upon this information without seeking professional counsel on the specific facts and circumstances in question from an attorney licensed in their jurisdiction. Use of this site does not create an attorney-client relationship between the user and Cole Schotz or any lawyer(s) within the firm. Any information sent to Cole Schotz or its lawyers through this site will not be treated as confidential and is not protected by the attorney-client privilege.

© Cole Schotz P.C.

Attorney Advertising

This website is an advertisement for a law firm. Statements and previous outcomes do not imply similar results in your matters.

© Cole Schotz P.C.


Thank you for your interest in our publication. Please fill out below and a copy will be sent to your email address.


For Important Legal Updates and Resources on the Coronavirus Click Here.