Anchor Bay, the home entertainment division of Starz Media, filed suit today against Bill Yordy’s BF1 Films claiming the Glendale-based company owes it nearly $2M in advances. Anchor Bay claims that BF1 failed to deliver a series of films set up in a 2008 eight-film output deal. The only BF1 film released by Anchor Bay was the animated Velveteen Rabbit, direct to DVD in 2009. Among the BF1 films that Anchor Bay says it hasn’t seen are When Calls The Heart, Preacher’s Daughter, Only the River Runs Free and Warhammer. Anchor Bay also alleges that Yordy and BF1 claimed to have copyrights, insurance and financing on the films when it did not and misrepresented its deal with Anchor Bay in dealings with other companies. BF1’s actions also resulted in the termination of BF1’s licensing agreement with Codex, Anchor Bay claims, delaying the release of Warhammer. The suit, filed in L.A. Superior Court, seeks compensatory damages and legal fees as well.
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