Today, a courtroom battle was set to play out in LA Superior Court, pitting William Sherak against Dave Phillips over whether the latter deserved to be paid for introducing Sherak to the technology that led to the formation of 2D-to-3D conversation house Stereo D, only to have Phillips be offered $30,000 while Sherak was paid millions and given stock. I laid out the facts of the case in a recent story after the judge denied a motion by Sherak’s lawyer for dismissal and set the court date. Well, the whole thing has been resolved in an out-of-court financial settlement. Now, nobody wants to talk about who was right or wrong.
William Sherak Vs. Dave Phillips: Case Settled
For all of Deadline’s headlines, follow us @Deadline on Twitter
Sign up for Newsletters
Trending Now on Deadline
More From Fleming Jr
- Does TV Hurt Movie Careers? 'True Detective's Matthew McConaughey Coveted For 'The Stand' And 'Gold'
- Tobey Maguire's Material Signs Oscar Sharp To Blind Deal Off Short Pic 'The Karman Line'
- Circle Of Confusion's Brad Mendelsohn To Head Lit Department
- Andrew Dominik To Script 'Shaolin Temple' For Helmer Justin Lin
- Brad Grey Takes ALS Plunge With Help From Johnny Knoxville
- EMMYS: Deadline's Live-Blog Special Guest: 'Sons Of Anarchy' Creator Kurt Sutter