Tuesday, May 18, 2021 11:02:51 AM
Accordingly, the company has found itself the target of seventeen lawsuits over a 25+ year span from program suppliers with false claims of monies owed. While this may seem to be a large number of disputes – the vast majority of which were adjudicated in favor of Hannover House – it represents what we believe to be the best track record in the industry (e.g., 3.7% of programs distributed by Hannover House have resulted in producer disputes, specifically 17 out of 454 titles handled). These disputes meet the standard of ordinary routine litigation incidental to the business and therefore do not merit further detail.
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