Richard Dreyfuss Back in Court With Family
(CN) - Actor Richard Dreyfuss again sued his father and uncle to dissolve their business partnership and demand repayment of a $870,000 loan.
The star of "Jaws" and "Close Encounters of the Third Kind" filed the action for dissolution and breach of fiduciary duty against his father, Norman Dreyfuss, and his uncle, Gilbert Dreyfuss; along with the family's business, 311 S. Spring St. Company on Thursday in Los Angeles Superior Court.
Richard sued his father and uncle over similar claims in 2008.
Richard Dreyfuss says 20 years ago, his family asked him to contribute $870,000 for a "family crisis."
Instead, his family used the money to purchase a 13-story office building on South Spring Street in downtown Los Angeles.
Richard also claimed that despite owning at least 29 percent of the company, he has received nothing in exchange for his investment.
"Norman and Gilbert essentially have kept Richard in the dark about the Partnership's finances. They are now taking positions contesting the amount of Richard's interest and the amount of his financial contributions," the complaint stated.
The defendants might be selling the building, Richard stated, and they are claiming his share of the business is no more than 10 percent.
In his complaint, Richard also accused Norman and Gilbert of pocketing $5.5 million from a judgment won by the company in 2009.
"Richard, as usual, got nothing," the complaint states.
This nearly resulted in the building being foreclosed, according to the complaint. Richard stated that he agreed to hold off on an earlier lawsuit against his family members to save the building, but they did not pay him according to the agreement.
Richard demands $870,000, dissolution, accounting and imposition of a constructive trust on profits from the sale of the building.
Robert Muller, Nabil Abu-Assal and Laura Premi of the Los Angeles firm Cypress are representing Richard.