Camelot Pictures v. Lakeshore Entertainment Grp CA
This appeal arises from a judgment after a bench trial. The litigation involves a dispute between two entertainment companies over how to account for money derived from two motion pictures. The accounting issue is governed by the meaning that is given to substantively similar “Equity Term Sheets,” basically co-financing deals for the films. Further, the statute of limitations looms over the parties’ money dispute. The trial court entered a judgment awarding approximately $300,000 to plaintiff and appellant Camelot Pictures, LLC, payable by defendant and appellant Lakeshore Entertainment Group, LLC.
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