Home News The Mechanic: Freedom Films sued Nu Image Inc. and M3 Media Inc.
The Mechanic (2009) – Nu Image (film) (settled for $400K in 2015)
In this case, Freedom Films sued for breach of contract and fraud, and sought an accounting, all based on allegations that Nu Image and M3 Media did not perform their obligations under the January 23, 2009 letter agreement to (1) pay Freedom Films its share of gross proceeds from The Mechanic, (2) comply with the letter agreement’s accounting and audit provisions and (3) use good faith efforts to cast Presley in a lead role in the motion picture. In October 2015, the parties entered into a stipulated judgment upon reaching a settlement in the amount of $400,000 in damages and an additional $45,698 in prejudgment interest.