Film Co. Jumped Summary Judgment Gun In $45M EB-5 Suit
Law360, New York (April 20, 2015, 3:14 PM EDT) -- A Georgia federal judge denied Open Rivers Media Group Inc. summary judgment in its $45 million suit against various entertainment-related companies and former National Basketball Association player Theo Ratliff over an unsuccessful EB-5 funding deal, ruling Friday the bid was made too soon.
U.S. District Judge Steve C. Jones said that the case — which accuses Ratliff, his company, Ratliff Entertainment LLC, the Southern Film Regional Center LLC and others of pushing Open Rivers out of a lucrative funding opportunity with the EB-5 immigrant investor program — was only slightly more than a month old and that Open Rivers' partial summary...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!