No decision yet on the merits of either side’s legal argument. But Relativity Media prevailed over The Weinstein Company in court today, according to Relativity’s legal representation. “The Court agreed with Relativity that TWC’s lawsuit against Relativity was improper and violated the parties’ arbitration agreement. TWC must now defend itself in the ongoing arbitration proceeding filed by Relativity. In that proceeding, Relativity claims damages in excess of $20 million against TWC for its egregious mishandling of the movie Nine and seeks rescission of the parties’ agreement with respect to The Crow. Today’s ruling demonstrates that TWC’s efforts to misuse the court system as a means of intimidation against Relativity failed. Relativity expects to prevail on all of its claims against TWC in arbitration.” I love lawsuits between the most controversial indie movie moguls.
To remind, Bert Fields is repping Harvey and Bob’s The Weinstein Co against Ryan Kavanaugh’s Relativity Media seeking injunctive relief and claiming there’s “a written contract signed by everybody” which gives the Weinsteins exclusive worldwide distribution rights on The Crow reboot and that Relativity can’t sell those rights to anybody else. The original film was distributed by the Weinsteins at Miramax back in 1994 and grossed $50.6M domestic. Relativity has been working to put Edward R. Pressman’s The Crow reinvention of the James O’Barr comic book series together.