Scott Rudin has settled a 2020 lawsuit for $6.3M between him and the ad agency SpotCo. According to the lawsuit, the ad agency claimed Rudin had failed to pay back up to $6.3 million in advertisement work. SpotCo claimed they did work for Rudin’s Broadway shows, including “The Waverly Gallery,” “To Kill A Mockingbird,” “King Lear,” “West Side Story” and others, without a written contract. Terms of the settlement were not disclosed.
“The company said that Rudin would routinely fall behind on payment but always made good but that changed after a dispute in September 2019 in which Rudin allegedly failed to pay outstanding invoices. SpotCo said at the time that Rudin’s “usual practice is to make partial payments on outstanding invoices on the one hand, while requesting additional services on the other. In other words, while the oldest debts were paid off, new debts were incurred, and the result was that the totality of the debt was never paid in full.”
– Excerpt from an article for The Wrap by Brian Welk. Read the full article here.
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