Suit filed over ‘Carlito’ profits

The producers of the film “Carlito’s Way” have been sued by a trio of talent managers who say they were promised a portion of the film’s net profit and a screen credit in exchange for their rights to the property.

Robert J. Cavallo, Joseph Ruffalo and Steve Fargnoli, in a complaint filed in Los Angeles Superior Court, say they obtained film and television rights to “Carlito’s Way” in January 1986.

After a rights dispute and financial agreement with producer Elliott Kastner and Cinema Seven, the suit says, film rights were sold to Epic Prods. The suit says Epic and Universal now deny they are obligated by the settlement agreement with Kastner and Cinema Seven.

The suit seeks unspecified compensatory and punitive damages. Also named defendants are Carlito Prods. Bregman/Baer Prods., Kastner, Cinema Seven, Capella Films, Louis A. Stroller, Ortwin Freyermuth, Martin Bregman, Willi Baer and Michael S. Bregman.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety