Showing posts with label Lawsuit. Show all posts
Showing posts with label Lawsuit. Show all posts

Friday, February 13, 2015

'Serial Scoop Now': Victoria Rowell Interview and Press Conference To Discuss Her Lawsuit Against CBS, Sony Pictures

Victoria Rowell at Thursday's press conference in New York.
Serial Scoop Now was on hand Thursday morning for a press conference announcing the lawsuit by former The Young and the Restless star Victoria Rowell against Sony Pictures Television, Inc., Sony Pictures Entertainment, Inc., Bell Dramatic Serial Company, L.P., Bell-Phillip Television Production Inc., Corday Productions, Inc., and CBS Corporation. The press release below contains additional details and quotes from Ms. Rowell and her attorneys.

Former The Young and the Restless star Victoria Rowell has filed a lawsuit claiming that CBS, Sony Pictures and other media companies refused to rehire her after she advocated for greater diversity among those who worked on the daytime drama. Rowell and her lawyers discussed the complaint at a press conference held steps from CBS headquarters.

“All Ms. Rowell is seeking is basic fairness. We are confident that Ms. Rowell will be rehired if the issueis considered in a serious and non-retaliatory manner,” said Cyrus Mehri, a founding partner of Mehri & Skalet, PLLC, the Washington, DC-based law firm representing Rowell. “Ms. Rowell made Drucilla Winters one of the most compelling characters ever to appear on daytime television. In refusing to re-employ her, the defendants aren’t just hurting Ms. Rowell; they’re acting against their own economic self-interest.”

Saturday, September 20, 2014

Prospect Park Creditors Object to Company's Liquidation Plan

Creditors of production company Prospect Park Networks LLC, which revived former ABC daytime soap operas One Life to Live and All My Children on the web in 2013, say the company's liquidation plan asks them to risk any possible recovery to benefit the company's owners and should be rejected.

The official committee representing Prospect Park's unsecured creditors argued in court documents Thursday that the plan doesn't provide enough information to debt holders tasked with voting on it.

The committee contended the disclosure statement failed to provide enough information about how PPN values its primary asset — a $95 million breach-of-contract suit against the ABC television network — or how that litigation would be handled.

The committee added there was not enough money to cover even administrative costs unless Prospect Park was successful in its lawsuit against ABC.

RELATED:
* Judge Approves Prospect Park's $6M Sale of Connecticut Tax Credits to Apple

Tuesday, August 26, 2014

Judge Approves Prospect Park's $6M Sale of Connecticut Tax Credits to Apple

A Delaware bankruptcy judge signed off Monday on the sale of roughly $6 million in Connecticut tax credits to Apple Inc. from Prospect Park Networks LLC (PPN), a liquidating Hollywood production company that tried to revive soap operas One Life to Live and All My Children.

The asset transfer was conducted as a private sale under Section 363 of The Bankruptcy Code with Apple set to pay $5.3 million for the tax credits, with the bulk of the money going directly to secured PPN creditor EP Financial Solutions, which had extended a tax credit loan in June 2013, according to court records.

The sale was scheduled to be considered in Wilmington on Monday before U.S. Bankruptcy Judge Mary. F. Walrath, but the hearing was canceled after the court simply entered an order approving the unopposed motion.

“This sale order and the consummation of the sale of the tax credits are supported by good business reasons and will serve the best interests of the debtors, its estates and creditors by maximizing the value obtained,” the order said.

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