‘broken city’ fraud & breach of contract suit settled

'Broken City' Fraud & Breach Of Contract Suit Settled You will be redirected back to your article in seconds Skip to main content September 26, 2016 12:57pm SERVICES TO SHARE

THIS PAGE. The producers of the 2013 film _Broken City_ have settled a $6.2 million fraud and breach of contract suit brought by the film’s investor Nemesis Finance. The Allen

Hughes-directed film stars Mark Wahlberg, Russell Crowe and Catherine Zeta-Jones, who were not party to the dispute. Filed in June, the suit claimed Nemesis faced losing $1.6 million after

producers Randall Emmett and George Furla allegedly misrepresented the amount of debt owed to investors so that they could reduce the residuals reserve deposits required by the major guilds.

According to the suit — against Randall Emmett/George Furla Productions, LLC; Georgia Film Fund Seven LLC; George Film Fund Ten, LLC; Randall Emmett individually, and George Furla

individually — _Broken City_‘s producers “irrevocably, absolutely, and unconditionally guaranteed to pay any losses incurred by (Nemesis and Oasis) as a result of any residuals payable to

the DGA, SAG, and WGA exceeding the amount of the residual reserve.” In a joint statement announcing the settlement, the parties said they have “amicably resolved the dispute…and look

forward to continuing an ongoing business relationship.” WATCH ON DEADLINE The producers have apparently met all their residuals requirements. One indication of that is that they are not on

the WGA “Strike List” of producers who have failed to pay residuals. Comments JavaScript is required to load the comments. MARKETPLACE SITE ad