StudioCanal, Universal Reach Deal In Contract Spat
By Beth Winegarner
Law360, San Francisco (January 6, 2014, 4:35 PM ET) -- A California federal judge on Monday lowered the curtain on StudioCanal US and Universal Studios LLC's contract spat after the pair reached an undisclosed settlement in StudioCanal's case accusing Universal of failing to pay millions of dollars from their joint venture, Working Title Films Ltd.
In a brief filing Friday, the film companies asked U.S. District Court Judge George Wu to dismiss the suit, saying each side would pay its own legal costs. Judge Wu agreed to close the case in a one-sentence order Monday....