Legal Question in Entertainment Law in California

I entered a written partnership agreement with a company where we both put up 50/50 of the money and we get 50/50 of the rights and money off project I discovered that I put up my money and they didn't put up theirs I bought this to thir attention and they told me they will terminate our agreement and give me mye 100% of rights but I have to agree to not sue them or ask for the money I ave left over in the investment

In our contract it says I can look at books and recipes and if I have money left I will get refunded

They are holding up my product that was created with my money and only will release if I sign stating I don't want my money that's left over in investment and I want sue

Last I have meeting set up in LA to pitch the product and they want give it to me what can and should o do?


Asked on 10/10/12, 9:08 am

1 Answer from Attorneys
Richard Jefferson M.E.T.A.L. LAW GROUP, LLP

You would have to make that decision. Weigh the two scenarios. If you file a lawsuit, your product will be tied up in litigation for at least a year which means that you will likely forfeit any opportunities because no company is going to deal with a product that is in the middle of a dispute. If you settle, you can at least move on, but you will likely give up your right to find out what really happened. I could help you more if you need a consultation where we can flesh out the details of your situation.

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Answered on 10/10/12, 9:20 am


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