Actor Bleu, Film Cos. Duck Fraud Claims In $12M Loan Suit

Law360, Los Angeles (October 24, 2011, 4:24 PM EDT) -- A California judge on Monday trimmed fraud claims from Third Eye Capital Corp.'s $12 million breach of contract suit against producers of the film “Free Style” and its star Corbin Bleu over an outstanding marketing loan for the film.

Judge Michael Stern said Third Eye Capital and co-plaintiff Strative Capital Ltd. have failed to provide any specific proof explaining how producers withheld pertinent information from the companies about the movies costs and expected revenues in order to induce an $8.57 million advertising loan.

“We need some...
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