Court Pares TV Studio's $4M Suit Over Exxon Land Deal

Law360, New York (August 2, 2013, 6:56 PM ET) -- A Connecticut federal judge on Friday pared a suit filed by television production company DMG Studio Holdings LLC against North Bay South Corp. and its affiliates, dismissing fraud and breach of contract claims in a dispute over an agreement to purchase land from Exxon Mobil Corp.

DMG argued in a June 2012 complaint that North Bay and its affiliates Michyo Advisors Inc. and Tricon Development Inc. failed to follow through on the promise of $4 million in financing to help DMG purchase about 19 acres of...
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