[google-translator] <\/p>\n
The legal situation involving Lee Daniels and Damon Dash has come to a resolution.<\/p>\n
Dash claimed he loaned $2 million to Daniels, entitling Dash to participate in the financial success of his projects \u2013 including\u00a0\u201cThe Butler,\u201d \u201cPrecious\u201d and \u201cEmpire\u201d \u2013 but was never fully repaid.<\/p>\n
On Tuesday, the parties filed papers dismissing the lawsuit, according to The Hollywood Reporter. <\/p>\n
Dash\u2019s attorney Natraj Bhushan said it was a \u201ccreative, fair\u201d settlement that \u201ccalls for them to work together in the not-so-distant future.\u201d<\/p>\n
Bhushan couldn\u2019t offer any specific details given a confidentiality provision.<\/p>\n
Dash filed his lawsuit in New York Supreme Court last year and claimed that he supported Daniels so that the filmmaker could produce \u201cThe Woodsman.\u201d In return for the money, Dash says he got a written agreement that gave him executive producer credits, 50 percent of rights on the film, and a guarantee that the investment would be repaid with interest from Daniels.<\/p>\n
The music mogul says he helped promote Daniels\u2019 career, got celebrities like Kanye West to perform in promotional support of films and reassuring other stars like Mariah Carey to back Lee after the 2008 film \u201cTennessee\u201d didn\u2019t perform that well.<\/p>\n
In lieu of repayment, Dash says he got an offer to roll-over the debt to Daniels\u2019 other films like \u201cShadowboxer.\u201d Dash says he accepted, and years later, went to court arguing that more recent works from Daniels were covered under the terms of the agreement. Dash demanded credits, ownership and compensation.<\/p>\n
A judge never made a ruling on whether to allow the claims. Instead, the parties have worked out their differences.<\/p>\n","protected":false},"excerpt":{"rendered":"
[google-translator] The legal situation involving Lee Daniels and Damon Dash has come to a resolution. Dash claimed he loaned $2 million to Daniels, entitling Dash to participate in the financial success of his projects \u2013 including\u00a0\u201cThe Butler,\u201d \u201cPrecious\u201d and \u201cEmpire\u201d \u2013 but was never fully repaid. On Tuesday, the parties filed papers dismissing the lawsuit, […]<\/p>\n","protected":false},"author":210,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[7],"tags":[],"class_list":["post-38190","post","type-post","status-publish","format-standard","hentry","category-entertainment","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts\/38190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/users\/210"}],"replies":[{"embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38190"}],"version-history":[{"count":0,"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts\/38190\/revisions"}],"wp:attachment":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}