Depp wins in oral contract battle with ex lawyer

Image
IANS Los Angeles
Last Updated : Aug 29 2018 | 12:45 AM IST

Hollywood star Johnny Depp scored a significant legal victory against his former lawyer Jake Bloom as the Superior Court Judge here rejected an unwritten contract.

The ruling on Tuesday could have profound effects on legal dealings in Hollywood, where agreements are often based on a handshake rather than a written contract, variety.com reported.

Depp is seeking to recoup tens of millions of dollars in legal fees paid out to Bloom over 18 years.

Bloom was paid based on a percentage of the actor's earnings. The relationship fell apart in 2017, as Depp was also fighting a legal war with the Management Group, his former management company.

Depp sued Bloom last October, arguing that the fee arrangement was effectively done on a contingency basis, which under California law must be in writing.

Bloom countersued, arguing that Depp had failed to fully pay his legal bills and had violated the unwritten agreement. Bloom's attorneys argued that the agreement was not a contingency arrangement, but Judge Terry Green disagreed.

"There's not a special rule for entertainment people. Why isn't it in writing? Why not have something that memorializes the agreement so we don't end up in court fighting like this?" Green said.

The attorneys for both sides declined to comment outside court. The case is set for a trial on May 6, and Bloom's attorneys may seek to appeal the judge's ruling, reported variety.com.

--IANS

rb/qd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 29 2018 | 12:40 AM IST

Next Story