Disney Loses $319 Million Appeal For A New Trial Against Celador International, Inc.

By on Dec 4, 2012 in Business, Entertainment, Television, United States, World Comments

The Walt Disney Company lost its appeal for a new trial against the creators of the game show “Who Want To Be A Millionaire?” who won a $319 million award in 2010, international news sites reported on Monday, December 3, 2012.

Walt Disney Company

Image Credit: DisneyDreaming.com

According to reports, Celador International, Inc. received in 2010 a judgement of just over $269 million, and another $50 million added later after Judge Virginia Phillips awarded prejudgment interest to them.

Reports said that the 9th Circuit Court of Appeal, a three-judge appeals court panel, upheld the decision made by Phillips denying Disney a new trial in the case.

“What the court of appeal did today validates what a careful and thoughtful trial judge and a quite attentive jury did two years ago,” Celador lead litigator Roman Silberfeld reportedly told The Hollywood Reporter. “We’re pleased for the client.”

“We are extremely disappointed with the decision, as ABC and Buena Vista Television continue to believe that they fully adhered to the Millionaire agreement,” a Disney rep was quoted as saying.

Disney lost a bid to overturn the jury’s verdict in December 2010, appealed for a new trial, and lost again as reported.

Spread The News!

Tags: , , , ,


Related News

What's On Your Mind?