KIT Digital Sues Content Solutions Owner Over $19M Deal

Law360, New York (August 2, 2013, 3:00 PM EDT) -- Bankrupt KIT Digital Inc. on Thursday sued an entity owned by the former manager of its content solutions business, saying it has received none of the $18.8 million it was expecting from the manager’s acquisition of the assets last year.

KIT said it acquired Brickbox Digital Media sro at some point during its buying blitz of 2010 and 2011 for $13.6 million and named Petr Stransky, the CEO and principal shareholder of Brickbox when it was acquired, KIT’s managing director of content solutions line of business....
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