Courts / Wicklow / Report
Film producers make offer to mediate dispute with German company
Summary
In a 2020 case, Berlin‑based W2 Filmproduktion Vertriebs GmbH sued Irish film producers Morgan O'Sullivan and James Flynn, alleging that €40‑50 million had been diverted from Octagon Films Ltd, a company in which all parties are shareholders. The claim, first brought before the court in 2016, was heard by Ms Justice Teresa Pilkington. Both producers deny the allegations and have offered to resolve the dispute through mediation. Counsel Bernard Dunleavy SC argued that public proceedings were damaging to his clients' businesses, especially after W2's claims that funds from a proposed TV series, 'Vikings Valhalla', would be diverted to the defendants. W2, which holds 49 % of Octagon's shares, seeks damages for alleged breach of duty, fraud and conspiracy. The judge accepted the mediation offer and adjourned the case to a date next month. The dispute remains a derivative action brought by a shareholder on behalf of Octagon.
Who, what, where, when and why
What: Report matter: Film producers make offer to mediate dispute with German company. Procedural stage: hearing_or_decision
When:
- 2020-01-30 Publication
Places mentioned
Topics
Fraud Stage Hearing Or Decision
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