Celebrity Contract

Staten Island, NY: (Jan-07-08) Julius Nasso, a Staten Island filmmaker, brought charges against action movie actor Steven Seagal, alleging breach of contract. The suit stated that Nasso, an Eltingville resident, began a partnership with Seagal in the 1990s and the two created blockbuster action hits like Under Siege 2. The partnership continued for over a decade. Sources stated that in 2000, when their exclusive production deal at Warner Bros. ended, the two apparently had a falling out. In March of 2002 Nasso hit Seagal with a $60 million suit, alleging that the actor had backed out of an agreement to continue to develop, produce and market movies with Nasso. Seagal has denied the existence of any contractual agreement between the two. As part of a settlement reached, Nasso agreed to drop his $60 million suit against Seagal in exchange for a $500,000 out-of-court settlement from the celebrity, putting an end to the six-year legal battle. [STATEN ISLAND LIVE: CELEBRITY CONTRACT]

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Published on Jan-8-08