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Non-payment of monies is an all-too-common complaint in the entertainment industry, with frustrated plaintiffs in many cases seeking default judgments against defendants who fail to respond to lawsuits seeking payment. Two new Central District of California federal court decisions illustrate — after the judges sorted through the factors for determining whether to grant a default judgment — how consideration of the amount of money at issue resulted in different outcomes on whether to enter a default judgment.
In Molly Moon Films Ltd. (MMF) v. ARC Entertainment LLC, 2:17-cv-0929 (2019), MMF had completed its motion picture Molly Moon: The Incredible Hypnotist and secured a deal for ARC Entertainment "to license, sub-license, distribute, advertise, promote, market, and publicize the Motion Picture for theaters, home use and digitally" in the United States and Canada. ARC in return agreed to pay MMF an $80,000 advance, a share of net revenues and bonus payments for higher sales of the film.
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A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.