W2 may seek injunction over Vikings Valhalla plans

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

W2 Filmproduktion Vertriebs GmbH told the High Court on 28 November 2019 that it may seek an injunction over plans for Vikings Valhalla. The German film company alleges Morgan O’Sullivan and James Flynn diverted about €40 million from Octagon Films Ltd, claims both producers deny. W2 says income from the proposed series should go to Octagon and alleges making it could breach undertakings given to the court. The proceedings also involve disputed discovery of documents concerning film and television productions.

W2 is pursuing the action on Octagon’s behalf as a shareholder derivative claim. It seeks damages and an account of profits over alleged breaches of duty, fraud and conspiracy; the producers deny diverting fees, income or opportunities owed to Octagon.