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Gerard Butler files lawsuit against producers of Olympus Has Fallen
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Gerard Butler sues for millions in backend compensation for Olympus Has Fallen
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Gerard Butler suing Olympus Has Fallen producers over understated profits
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Gerard Butler sues producers of Olympus Has Fallen over profits dispute
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Olympus, but refuse to pay
Butler a penny of the grosses and profits promised to him in the parties’ agreement.
Butler refuses to tolerate Defendants’ misrepresentations and other wrongful conduct.
Butler worked with Defendants to create a highly successful movie franchise. He demands his fair share.”
Gerard was entitled “to 10% of net profits, plus 6% of domestic adjusted gross receipts above $70 million and 12% of foreign adjusted gross receipts above $35 million. His production company was also entitled to 5% of net profits, and Butler was to receive certain bonuses for hitting box office thresholds.”
An auditor hired by
Gerard found that “domestic receipts were understated by $17.5 million, and producers’ receipts were understated by $12 million, including the $8 million that went to the executives.”