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

Law360, New York (August 2, 2013, 6:56 PM EDT) -- 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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.