Producer Loses Counsel In Weinstein Company
Los Angeles Daily Journal, April 3, 2018
Months after defendant The Weinstein Company was dropped by its former counsel in a lawsuit brought over the rights to the film series “Children Of The Corn,” a recent federal court filing indicates that the plaintiff’s counsel has now also withdrawn from the case.
Entertainment and sports law attorney Glen A. Rothstein, Founder & CEO of Rothstein Law APC in Santa Monica, CA, who is not involved in the case, said that while it’s not a great sign for the plaintiff’s case on first glance, there are several factors that could have prompted the counsel’s withdrawal. The most obvious, he said, is The Weinstein Company’s recent bankruptcy filing, which would stay all litigation against the debtor unless a bankruptcy court specifically allows it to proceed.
“Given the volatile nature of this whole proceeding, it strikes me at first blush as a pure cost-saving measure while the dust settles,” Rothstein said. “If there’s nothing to be really gained at the end, it may not be worth paying lawyers any fees, seeing as how this could languish in bankruptcy court for years.”