Can Trump’s Treasury Secretary Mnuchin Shake Fraud Lawsuit?
RKA Film Financing is suing Relativity Media for misappropriating funds meant to finance advertising budgets for future releases, into the troubled company.
Legal
Update: Relativity Media Lawsuit Against Netflix
The lawsuit never mentions the figure $1.5 billion that was widely ceased upon, and instead, opts for – “amount to be proven at trial.”
Update: Relativity Media Lobs Litigation at Netflix
Relativity filed a $1.5B lawsuit against Netflix claiming breach of contract and trade libel, which a Netflix’s spokesperson called “baseless and ironic.”
More Trouble for the Starz and Lionsgate Merger
A Starz Entertainment shareholder on Tuesday August 30th 2016 challenged the company’s proposed $4.4B merger with Lions Gate Entertainment.
Relativity’s Teflon Kavanaugh and Judge Wiles
Will Relativity’s Kavanaugh be able to escape the legal actions in connection with misappropriating $10 million in P&A capital used to prop up the company?
News: Netflix Favors Time Warner-Charter Merger
Netflix’s top executive endorsed the pending $55B Charter and Time Warner merger, saying he views it as a positive development for streaming video.
Legal: W2 2016
The makers of the Machete film franchise did not have their constitutional rights violated when Texas denied their application for a film incentive grant.
Legal: W52 2015
A group of small cable providers have complained to the FCC that content providers like AMC Networks Inc. hold too much leverage in carriage negotiations.
Legal: W51 2015
Suspended California attorney and movie producer Peter M. Hoffman, who is awaiting sentencing in Louisiana for a film tax credit fraud.
Legal Brief: W50 2015
Paramount urged the Second Circuit not to revive a suit alleging it tricked a group of investors into financing a largely unsuccessful slate in 2004.