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The One Ring Forums: Tolkien Topics: Movie Discussion: The Hobbit:
Tentative settlement reached in Tolkien v. New Line Case

Voronwë_the_Faithful
Valinor

Sep 1 2009, 11:43pm


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Tentative settlement reached in Tolkien v. New Line Case Can't Post

A tentative settlement has been reached in the case. The parties have filed a stipulation that explicitly states that "the parties have entered into a binding term sheet settling this matter, which term sheet is subject to certain necessary ratifications, which may take up to several weeks to obtain."

In other words, a settlement has been reached, but it needs to be approved by certain unnamed individuals/entities. I'm sure it is a complicated settlement, and I'm relatively sure that it includes specifications to ensure that payments are made on the Hobbit films, so I assume that one of the ratifications needs to come from Warner.

Generally speaking, these kinds of "ratifications" are a formality and the settlement would not have been entered into unless they were pretty much sure that it would be ratified. I would shocked if the settlement did not go through. In all likelihood, this case is no longer going to provide any obstacle to the Hobbit films.

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

www.arda-reconstructed.com

(This post was edited by Ataahua on Sep 2 2009, 12:21am)

Subject User Time
Tentative settlement reached in Tolkien v. New Line Case Voronwë_the_Faithful Send a private message to Voronwë_the_Faithful Sep 1 2009, 11:43pm
    Very good news indeed! Elizabeth Send a private message to Elizabeth Sep 2 2009, 1:03am
    Great news MrCere Send a private message to MrCere Sep 2 2009, 2:45am
    LOL Sunflower Send a private message to Sunflower Sep 2 2009, 4:51am
    YAY! Peredhil lover Send a private message to Peredhil lover Sep 2 2009, 6:40am
    Wow, thanks for the update! Smeagirl/Girllum Send a private message to Smeagirl/Girllum Sep 2 2009, 11:19am
    As MrCere says... you're the first one! Compa_Mighty Send a private message to Compa_Mighty Sep 2 2009, 1:37pm
    This is a relief. But with potentially so much money involved... Patty Send a private message to Patty Sep 2 2009, 2:04pm
    Wonderful to hear Ainu Laire Send a private message to Ainu Laire Sep 2 2009, 3:01pm
    Yippee! hamlet Send a private message to hamlet Sep 2 2009, 5:31pm
    Good news, indeed! Mark Sommer Send a private message to Mark Sommer Sep 2 2009, 7:21pm
    Thanks so much fot these news! Mithrandír Send a private message to Mithrandír Sep 2 2009, 7:56pm
    Late in replying ... Elven Send a private message to Elven Sep 8 2009, 11:29am
    Is this new news? Magpie Send a private message to Magpie Sep 8 2009, 6:37pm
        Yes, the parties have now confirmed the settlement Voronwë_the_Faithful Send a private message to Voronwë_the_Faithful Sep 8 2009, 6:41pm

 
 
 

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