Thursday, May 12, 2011 2:32:29 PM
"The IFTA Arbitrator found that it was undisputed that the defendants, particularly Hannover House, had repeatedly breached their contractual obligations and, indeed, the Arbitrator witnessed yet another breach firsthand by watching Hannover break a promise made at the arbitration to finally comply with the contract," said Bandlow. "Although Fantastic Films is disappointed in Hannover's failure to release this film in the U.S., my clients are happy that the Arbitrator and the Court have held defendants responsible for their improper conduct. We are pursuing every avenue to collect this award, including seeking to have defendants barred from participating in future film markets and we will continue to take any and all necessary steps until the Judgment is satisfied."
You have to assume that Fantastic Films was very angry with our heroes to embarrass them like this publicly. Eric and Fred have worked hard to get their reputation established, so I hope they are able to say something - without turning it into a public brawl. If they can somehow take the high road, that would be the best approach.
Most important, I guess, is that they pay it - quickly. Somehow. Maybe they have a few dollars left over from the Twelve DVD proceeds.
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