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Financiers — perhaps as much as producers, directors and actors — are responsible for film industry successes. Without lenders and investors, films cannot be made. Typically, financiers provide funding in return for proceeds from the film, that is secured by a lien in favor of the financier. The lien usually functions as collateral against the borrower’s repayment of the loan and compliance with other obligations under the financing agreement. If the borrower fails to meet its loan repayment obligations, the financier is entitled to foreclose on the collateral.
By Stan Soocher
A Q&A with Entertainment Lawyer Leslie Zigel
By Karen Hoffman Lent and Kenneth Schwartz
In June, the DOJ announced its plans to review the two music-licensing antitrust consent decrees that have been in place, in some shape or form, for almost 80 years. Due to this newly initiated review, the competitive mechanisms that dictate how music is broadcast, streamed or played live could drastically change.
By Charles Toutant
The U.S. Court of Appeals for the Third Circuit tossed out an injunction against sales of a book by Commerce Bank founder Vernon Hill II even after finding that the work infringed on a manuscript copyright owned by TD Bank.
A look at moves among attorneys, law firms, companies and other players in entertainment law.