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Obtained More Than $3.4 Million in Awards for Financial Institution in IFTA Arbitrations

Obtained awards totaling more than $3.4 million on behalf of a financial institution in two International Film & Television Alliance (IFTA) arbitrations involving the client’s financing of the motion picture Odd Thomas. Both cases involved claims by the client for money against distributors seeking to terminate their distribution agreements. We successfully obtained an award against Eagle Pictures, an Italian distributor, for $2 million, plus interest and attorneys’ fees, and against Central Partnership, a Russian distributor, for $1.4 million, plus interest and attorneys’ fees.