Morgan Creek Wins $2 Million in Dispute
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Morgan Creek Productions said it had been awarded nearly $2 million by a Los Angeles Superior Court jury in a legal dispute with producer Elie Samaha’s Franchise Pictures.
The award included nearly $1 million associated with a larger loan Morgan Creek made to Franchise that it argued should be repaid with film revenues.
Franchise’s chief financial officer, Hans Turner, said Franchise used reasonable accounting measures and is considering an appeal pending a final judgment.
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-- James Bates
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