Scottish DJ and producer Calvin Harris has filed an arbitration demand accusing his former monetary advisor, Thomas St. John, of stealing $22.5 million meant for actual property investments.
The authorized motion, filed final week in Los Angeles Superior Courtroom, claims that St. John directed the funds as an alternative towards a Hollywood “boondoggle” improvement undertaking.
The timing of Harris’s authorized motion is especially placing. It arrives just some months after US-based firm, Thomas St. John, Inc., filed for Chapter 11 chapter safety (on the finish of February), in accordance with courtroom paperwork obtained by MBW.
(Thomas St. John Inc, a US entity, is a separate firm to UK-based Thomas St. John Ltd.)
A Debtor’s Disclosure filed with the courtroom on April 29, and which you’ll be able to learn in full right here, cites roughly $11 million in money owed to numerous collectors, together with Grammy-winning songwriter-producer Philip M. Lawrence II, who filed a proof of declare for $696,342.96 [though Thomas St. John, Inc. disputes this claim and plans to file an objection].
Lawrence joins a prolonged listing of entities in search of cost from the troubled agency.
The chapter filings submitted to the U.S. Chapter Courtroom for the Central District of California reveal the depth of the corporate’s monetary troubles, with Thomas St. John, Inc. owing $4.1 million to the IRS, $2.5 million to California’s Franchise Tax Board, and complete basic unsecured claims of roughly $11.3 million.
Different important money owed embrace $210,800 to Klar Consulting LLC and $340,454.70 to regulation agency Jackson Lewis P.C.
The chapter paperwork point out the corporate was pushed into Chapter 11 safety by three pending disputes, together with employment termination claims and breach of contract lawsuits.
The Los Angeles-based enterprise administration agency, which offers accounting and monetary providers to high-net-worth people and companies, filed a reorganization plan proposing to proceed operations whereas paying collectors over time.
Precedence tax claims could be paid over 5 years, with basic unsecured collectors receiving professional rata distributions from remaining funds.
Regardless of the large money owed, monetary projections revealed inside the courtroom paperwork present the corporate anticipating annual revenues of $3.3-4.5 million from retainer providers and undertaking work. The agency reported a revenue of $132,278 in March 2025.
Including to the turmoil, Michael Jay Berger, the corporate’s chapter counsel, owed $75,000 in charges, filed a movement in August to withdraw from representing the agency. A listening to is scheduled for October 7, 2025.
Calvin Harris will not be listed as a creditor within the chapter proceedings.
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