Request Legal Help Now - Free

Franchise Pictures and Sidonian Holdings

Intertainment filed a lawsuit against the former CEO of US film producer Franchise Pictures and the production company Sidonian Holdings. In the trial, the two defendants along with 15 further production companies had been found guilty of fraud and Intertainment was awarded damages totaling $121.7 million. However, most of the companies filed for bankruptcy protection. Sidonian Holdings and Elie Samaha of Franchise Pictures agreed to pay $3 million to Intertainment and transferred ownership interest of 100 film production and film distribution companies. (Aug-20-06) [FINANCIAL NEWSROOM]

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.

Published on Aug-21-06


Fields marked * are mandatory. Please read our comment guidelines before posting.


Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.
Request Legal Help Now! - Free