Certain producers won a small battle in the dispute surrounding the upcoming Godzilla feature film being produced by Legendary Pictures.
Legendary moved to compel arbitration, citing a clause in an unexecuted draft of an agreement. The CA Appeals court refused to compel arbitration based on the fact that the draft agreement had not been executed, despite containing a binding arbitration clause.
If I had to guess, the producers will be offered a healthy sum of money to put this one behind them. The lesson to be learned, make sure you get signed documents.
Catch the full article here: http://hosdi.eu/1f3OIio