‘Spring Breakers’ Producers Slapped With $1.3M Lawsuit By Early Investor

DJP LEGAL BADGESpring break is over, but the party hasn’t stopped for Spring Breakers. No, I’m not talking about the proposed sequel of sorts that Wild Bunch reportedly is bringing to Cannes this year. Instead, today an early investor in the Harmony Korine-directed 2013 bacchanalia has spring breakerssued the producers for at least $1.39 million in damages over profits and monies due from the pic.On or about February 16, 2012, Walker entered into a written contract with SBLLC (Spring Breakers LLC) whereby Walker put up $700,000.00 in financing for Spring Breakers in exchange for certain rights, including without limitation certain repayment and credit rights,” claims the 26-page Breach of Written Contract complaint (read it here) from Wicks Walker and his Division Films. The complaint names as defendants producers Chris Hanley and Jordan Gertner and their Muse Productions from the movie starring James Franco and Selena Gomez.

Related: James Franco’s Former Biz Management’s Countersuit “Will Be Shut Down Quickly”, Says Plaintiffs’ Attorney

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This article was printed from https://deadline.com/2014/05/spring-breakers-lawsuit-investor-james-franco-725379/