Morgan O’Sullivan and James Flynn deny film funds claims

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Morgan O’Sullivan and James Flynn deny claims over diverted film funds in the Commercial Court, reported on 20 June 2016. Berlin-based W2 Filmproduktion Vertriebs GmbH was seeking damages, alleging breach of contract, breach of duty and breach of fiduciary duty linked to Octagon Films.

W2 claimed it had lost estimated revenues of €25 million and alleged funds, profit and income were diverted to the producers or companies they controlled. The defendants said W2’s interest covered only films it specifically funded, while Octagon’s business was film development rather than production. The matter was adjourned for a week while the defendants outlined objections to fast-tracking the case.