NO LAUGHING MATTER--Director Peter Bogdanovich isn’t laughing...
NO LAUGHING MATTER--Director Peter Bogdanovich isn’t laughing about the $4 million he reportedly forked over to share in distribution rights to “They All Laughed†from Time Inc.--he could lose his house over it.
Home Savings and Loan has filed foreclosure papers against Bogdanovich’s six-bedroom, 7,000-square-foot Bel-Air home. According to Redlock Data Systems Corp., an Orange real estate research firm, Bogdanovich has been delinquent in payments since November.
Bogdanovich’s business-affairs representative said the director will refinance the home. “There will be no foreclosure,†he said, but conceded that the matter “bares a relationship†to the acquisition of “They All Laughed.†Bogdanovich was unhappy with the original marketing of the 1981 film, which co-starred the late Playmate Dorothy Stratten, with whom Bogdanovich had been romantically involved.
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