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Latest Update on the Lawsuit

Voronwë_the_Faithful
Valinor

Jul 20 2008, 2:34pm


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Latest Update on the Lawsuit Can't Post

Okay, here's the latest update. The plaintiffs filed a First Amended Complaint last Monday (which I believe was the last day for them to do so). They have dropped the fiduciary duty cause of action (as expected), but they have asserted new allegations to support the fraud cause of action. They added more specific claims as to how they contend that New Line misrepresented the amount of expenses that it had in order to avoid paying the royalties due. And they somewhat clarified their contention as to how they relied on these misrepresentations to their detriment.

Undoubtably New Line will again file a demurrer to the fraud cause of action. I would say it is about a 50/50 chance that the judge will sustain it this time. Meanwhile, the liklihood of a settlement continues to slip away.

'But very bright were the stars upon the margin of the world, when at times the clouds about the West were drawn aside.'

Subject User Time
Latest Update on the Lawsuit Voronwë_the_Faithful Send a private message to Voronwë_the_Faithful Jul 20 2008, 2:34pm
    Thanks! Peredhil lover Send a private message to Peredhil lover Jul 20 2008, 2:55pm
    So what does this mean for the film? Goldberry of the river Send a private message to Goldberry of the river Jul 20 2008, 3:09pm
        No change Voronwë_the_Faithful Send a private message to Voronwë_the_Faithful Jul 20 2008, 3:30pm
    Interesting comeback ... Elven Send a private message to Elven Jul 20 2008, 3:26pm
        I mean ... Voronwë_the_Faithful Send a private message to Voronwë_the_Faithful Jul 20 2008, 3:35pm
            Thankyou for clarifying that ... Elven Send a private message to Elven Jul 20 2008, 3:58pm
    Thanks for the update, Voronwe! Altaira Send a private message to Altaira Jul 20 2008, 7:31pm
    Thank you for keeping us so well informed. // Elizabeth Send a private message to Elizabeth Jul 21 2008, 12:45am
        Thanks ArathornJax Send a private message to ArathornJax Jul 21 2008, 3:04am
    *tightens seatbelt* grammaboodawg Send a private message to grammaboodawg Jul 24 2008, 8:48am

 
 
 

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