Relativity Media founder Ryan Kavanaugh took a nine-figure albatross off of his neck on Thursday, after a New York judge dismissed a contentious lawsuit stemming from his indie studio’s bankruptcy process. New York State Supreme Court Judge Charles E. Ramos dismissed a $110 million fraud claim from Rka Film Financing, the company’s third such claim since Relativity unraveled in 2015, that accused the studio head and his executives of misusing funds meant to promote films like Kristen Wiig’s “Masterminds” and Halle Berry’s “Kidnap.” “Although this is Rka’s third version of the complaint, not once has Rka listed the name of a...
- 3/9/2018
- by Matt Donnelly
- The Wrap
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