Exclusive: Creditors of indie outfit Yale Entertainment are out more than $50 million following a failed attempt at restructuring the company in the lead-up to its collapse, according to multiple sources.
The company’s co-founders, Jordan Beckerman and Jordan Yale Levine, copped to the losses over the course of a nearly three-hour private Zoom meeting for investors held January 14, the footage of which has been reviewed by Deadline. The total number of creditors defaulted on is between 100 and 199, per Yale Entertainment’s May 14 bankruptcy filing in the Southern District of New York. Many loans to Yale were put forth under the understanding that they were backed by corporate guarantees from the company, according to multiple sources familiar with Yale’s operations.
Clay Pecorin, an investor and self-described friend of the duo colloquially referred to “the Jordans,” served as a liaison of sorts to investors on the Zoom, given his experience in financial restructuring.
The company’s co-founders, Jordan Beckerman and Jordan Yale Levine, copped to the losses over the course of a nearly three-hour private Zoom meeting for investors held January 14, the footage of which has been reviewed by Deadline. The total number of creditors defaulted on is between 100 and 199, per Yale Entertainment’s May 14 bankruptcy filing in the Southern District of New York. Many loans to Yale were put forth under the understanding that they were backed by corporate guarantees from the company, according to multiple sources familiar with Yale’s operations.
Clay Pecorin, an investor and self-described friend of the duo colloquially referred to “the Jordans,” served as a liaison of sorts to investors on the Zoom, given his experience in financial restructuring.
- 6/2/2025
- by Matt Grobar
- Deadline Film + TV
Debbie Reynolds ca. early 1950s. Debbie Reynolds movies: Oscar nominee for 'The Unsinkable Molly Brown,' sweetness and light in phony 'The Singing Nun' Debbie Reynolds is Turner Classic Movies' “Summer Under the Stars” star today, Aug. 23, '15. An MGM contract player from 1950 to 1959, Reynolds' movies can be seen just about every week on TCM. The only premiere on Debbie Reynolds Day is Jerry Paris' lively marital comedy How Sweet It Is (1968), costarring James Garner. This evening, TCM is showing Divorce American Style, The Catered Affair, The Unsinkable Molly Brown, and The Singing Nun. 'Divorce American Style,' 'The Catered Affair' Directed by the recently deceased Bud Yorkin, Divorce American Style (1967) is notable for its cast – Reynolds, Dick Van Dyke, Jean Simmons, Jason Robards, Van Johnson, Lee Grant – and for the fact that it earned Norman Lear (screenplay) and Robert Kaufman (story) a Best Original Screenplay Academy Award nomination.
- 8/24/2015
- by Andre Soares
- Alt Film Guide
Billy Wilder movies, Johnny Carson interviews tonight on TCM Billy Wilder is Turner Classic Movies’ Director of the Evening tonight, July 8, 2013. But before Wilder Evening begins, TCM will be presenting a series of brief interviews from The Tonight Show, back in the old Johnny Carson days — or rather, nights. The Carson interviewees this evening are Doris Day, Charlton Heston, Tony Curtis, Chevy Chase, and Steve Martin. (See also: Doris Day today.) (Photo: Billy Wilder.) As for Billy Wilder, TCM will be showing the following: Some Like It Hot (1959), The Fortune Cookie (1966), The Spirit of St. Louis (1958), and The Seven Year Itch (1955). Of course, all of those have been shown before and are widely available. Some Like It Hot vs. The Major and the Minor: Subversive and subversiver Some Like It Hot is perhaps Billy Wilder’s best-known film. This broad comedy featuring Marilyn Monroe, Jack Lemmon and Tony Curtis...
- 7/8/2013
- by Andre Soares
- Alt Film Guide
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.