CCC Film Wins Distribution Verdict; Oral Sales Agency Claim Rejected By Court.LOS ANGELES--(ENTERTAINMENT WIRE)--Aug. 5, 1999-- CCC CCC A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa. Filmkunst GmbH, the award-winning German producer of "Europa, Europa" and "Bitter Harvest," won a jury verdict in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Superior Court Tuesday against Monarex Hollywood Corp. and its president Chris Nebe over a failed sales agency deal, it was announced today by Steven Mick, an entertainment litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. partner at Loeb & Loeb LLP LLP - Lower Layer Protocol , who represented CCC Film in the litigation. After negotiations between CCC Film, Monarex and Trident Releasing for the sales rights to a package of films broke off, Monarex refused to give back the film materials and claimed that an oral sales agency deal had been struck. CCC Film sued to recover its materials, while Monarex claimed damages based on prospective sales of the package. Judge David Horowitz
"There's a growing recognition that the copyright act requires signed deals in many cases," commented Mick. "Judges are fond of pointing out that there's no exception in the statute for the entertainment industry." Artur Brauner, president of CCC Film, praised the jury for restoring CCC Film to its rights. "As a non-American film producer, it was impressive to see the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. court system do such a wonderful job of protecting our rights here." Celebrating its 90th anniversary with over 200 attorneys, Loeb & Loeb is a nationally and internationally recognized full-service law firm whose clients include corporations, individuals and not-for-profit companies. |
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