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Thursday, June 5, 2014

Legendary Pictures "Vulnerable" In Godzilla Lawsuit, Lawyer Says



Godzilla is turning out to be a box office success.

This has definitely not gone unnoticed by former members of Legendary Pictures' producing staff. Godzilla has made more than $375 million worldwide to date. They allege that they helped Legendary acquire rights to the Godzilla character from Tokyo-based Toho Co., Ltd.

Deadline Hollywood has posted an article on an upcoming lawsuit the former producers have filed against Legendary.

It starts with:
Just under a year from now, Legendary Pictures is set to face off at trial against producers Roy LeeDan Lin and Doug Davison in a battle over the trio being ejected from Godzilla. Having failed to keep the matter in arbitration, the studio used a motion filed last week to try to gut the producers’ claims of fraud in a cross-complaint, but the other side isn’t buying this latest move. “I think [Legendary is] very vulnerable,” says the producers’ main lawyer Stanton L. Stein of LA’s Liner Grode Stein Yankelevitz Sunshine Regenstreif & Taylor. “I think they will do anything to slow down this going to trial, just like they have tried and failed in the past. They needed that property, and they used us to get it. They specified $1.3 million, first-dollar gross and a producer credit,” he adds of the deal his clients had with the studio to shepherd the Godzilla reboot all the way to the big screen. “They promised it and never delivered.”
 It will be interesting to see how this all plays out.

To read more, go here.

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