Gerard Butler alleges fraud against Nu Image, Millennium Media, and Padre Nuestro Productions. Butler claims that he is owed $10+ million from the success of Olympus Has Fallen, the 2013 blockbuster, about an assault on the White House. In the claim, the actor revealed the companies have not paid out residuals and are fighting over “pension payments” with the DGA.
“The suit also attacks a “comprehensive, premeditated scheme” to allegedly hide money and deprive Butler of net profits with word of agreements with distributors structured so that not all gross receipts have to be reported. Attorneys are handling the case at Greenberg Glusker.”
A spokesperson for Nu Image provided the following response: “There is no merit to Mr. Butler’s claim. Nu Image has been open and transparent with Mr. Butler and his representatives about the revenue of Olympus Has Fallen which was released in 2013. Nu Image provided participation statements to Mr. Butler and those statements were audited by Mr. Butler’s auditors in 2015 and 2016. The statements fully comply with the terms of Mr. Butler’s agreement, resulting in no overages being due. After over 8 years of our cooperation with Mr. Butler and his representatives on this matter, we are very disappointed that Mr. Butler has now decided to act in this manner.”
– Excerpt from an article for The Hollywood Reporter by Eriq Gardner, Dominic Patten. Read the full article here.
Disclaimer: Please note that the information contained within this news post and site is offered simply as a consideration to visitors who are in the entertainment industry and are seeking to learn more about various areas of entertainment, be it in film, movies, television, music, digital, new media, film financing, merchandising and/or branding. As such, the information so provided should never be construed as legal advice. If you need further assistance or legal advice for your specific matter, please do not hesitate in contacting an entertainment attorney (film, music, digital, licensing, financing) here in Los Angeles, California at The Hollywood Lawyer by(1) emailing us at email@example.com; (2) calling us at (323) 300-4184; or (3) filling out our online form. www.thehollywoodlawyer.com.