Sony Pictures Sued by 'Wild Oats' Financier

Impex Enterprises claims Sony is refusing to make required payments.
Courtesy of Wild Pictures
'Wild Oats'

Sony is being sued by one of the financiers of Wild Oats for failing to timely pay nearly $1 million, according to a complaint filed Wednesday in California federal court. 

Impex Enterprises, a Bahamas-based financier on the film, is suing Sony Pictures Worldwide Acquisitions for breach of contract.

According to the complaint, Sony was due to pay Impex $855,000 no later than 10 days after the U.S. theatrical release of Wild Oats. The comedy opened Sept. 16, triggering a payment due by the end of that month. Impex also says Sony owes it an additional $95,000 payment, which was due at the same time.  

Impex claims Sony refused in writing to make the payments, and is suing for $950,000 in damages plus interest.

Wild Oats, starring Shirley MacLaine and Jessica Lange, opened in only about a hundred theaters and grossed $40,000 in domestic box-office revenue.

Sony Pictures declined to comment on the suit.