A trial in the lawsuit over the $4.9 billion dollar EMI buyout is underway in New York federal court. David Boies presented his opening arguments that Citigroup “duped” his client Terra Firma Capital Partners by saying there were other bidders for the troubled music company and that the the investment group needed to raise its bid. [Music Week]
Cablevision offered to put its dispute with Fox over a carriage fee disagreement to binding arbitration, but was rebuffed by Fox. Also interesting: Fox isn’t using any outside counsel on this matter. [AmLaw Daily]
Sordid Lives producer Stanley Brooks has filed for bankruptcy on the heels of having his settlement offer rejected by AFTRA. The parties are in dispute over unpaid residuals. [THR]
Richard Desmond‘s Northern & Shell has reacted with surprise to the legal spat brought by Elisabeth Murdoch’s Shine Group over queried bills relating to Don’t Stop Believing and said it was dismayed by the public accusation that it was trying to put small independent production companies out of business. [THR]
An arrest warrant has been issued for Randy and Evi Quaid after failing to show up to answer a burglary charge. [TMZ]
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