Paramount Faces Bench Trial In 'No Country' Payout Battle

Law360, New York (September 9, 2011, 3:46 PM EDT) -- A California judge on Friday ruled that a film financing fund's investor suit against Paramount Pictures Corp. over revenues from the Oscar-winning film “No Country for Old Men” would not be decided by a jury, instead opting for a bench trial.

Marathon Funding LLC's suit claims Paramount made miscalculations in a contract with actor Tommy Lee Jones that ultimately shortchanged the fund by $3.75 million. The plaintiff accuses Paramount of making improper deductions from Marathon's 25 percent share of distribution revenues and charging Marathon for a quarter...
To view the full article, register now.