|It is with great sadness that we announce the passing of our beloved friend, colleague and long-serving member of the Weingart Center Board, Stephen Scharf. An esteemed lawyer and retired partner with O'Melveny & Myers who was known as " a pioneer of contemporary film finance," Stephen was looking for an opportunity to give back to the community when he joined the Weingart Board in 2010. He remained active with the board and dedicated to the Center's mission right up until the end. Stephen passed away peacefully last week, surrounded by family and loved ones.|
“I joined the Board of the Weingart Center because I was overwhelmed by the dedication of the people involved in the organization and the important things the organization is doing to end homelessness,” states Stephen Scharf. “I have been looking for a meaningful opportunity to give back to our community and felt that the Weingart Center was the perfect opportunity for me.”
Stephen Scharf is a partner in O’Melveny’s Century City office and a member of the Entertainment, Sports and Media Practice. Scharf focuses on entertainment and media finance, production and distribution of motion pictures, the purchase and sale of entertainment companies, and the formation and capitalization of entertainment companies. A substantial part of his practice involves motion picture financing transactions including banking transactions, joint ventures, securitizations, structured financings, tax shelter financings, and equity investments.
In the debt and equity areas, Scharf represents lenders and borrowers, investors and offerors in transactions for the financing of studios, partnerships, film slates, and individual motion picture productions. He has represented studios, investment banks, mezzanine lenders, hedge funds, and offerors in connection with a number of motion picture structured financing transactions.
Scharf has also negotiated a number of multiple-picture and single-picture distribution agreements as well as the purchase and sale of a number of film and television libraries. He regularly works on a number of international motion picture financing transactions in the United Kingdom, Germany, Japan, Hong Kong, and China.
Professional Activities: Law Clerk, Honorable Fred J. Cassibry, US District Court, District of New Orleans; Lecturer, “Entertainment Industry Transactions,” Stanford University Law School (1984-1991)
Honors: Named a “Power Lawyer” by Hollywood Reporter ESQ (2007, 2008, 2009); named a Legal500 recommended lawyer for Finance: Bank Lending – National (2008, 2009); named a “Super Lawyer” in a survey conducted by Law & Politics Media Inc. and published in Los Angeles magazine (2010, 2009, 2008, 2007, 2006, 2005); named one of America’s leading 25 individual’s in EuroGuide’s Best of the Best USA (2009); named a leader by Chambers in Entertainment and Media Transactional Law (2007, 2008, 2009); named “Leading Lawyer in Media” by Guide to the World’s Technology, Media & Telecommunications Lawyers (2008); named in Best Lawyers in America—Entertainment Law (2010); named a Variety Dealmaker (2009)