Overview
- Harris filed an arbitration demand on Sept. 12 alleging former adviser Thomas St. John diverted a $10 million loan and $12.5 million equity investment tied to the CMNTY Culture Campus.
- His filing says $11.7 million was distributed to Dun & Dun LLC, an entity controlled by St. John, shortly after Harris’ funds were injected, a claim St. John’s side denies.
- The $10 million loan was due Jan. 31, 2025, and Harris’ attorneys say principal and interest remain unpaid.
- Through arbitration, Harris’ team secured a stipulated no‑dissipation agreement and has petitioned Los Angeles Superior Court to confirm it while the dispute proceeds.
- The Hollywood project shifted in 2024 to two residential towers of about 750 apartments at Sunset and Highland; St. John’s attorney denies wrongdoing and calls the development viable with a projected $900+ million valuation.