A judge has dismissed a lawsuit against the producers of a Janis Joplin biopic, lifting a legal cloud over the long-delayed project.
The film, entitled “Get It While You Can,” has a tortured development history. Amy Adams signed on to portray Joplin all the way back in 2010, and Jean-Marc Vallee, of “Dallas Buyers Club” and “Wild,” was also attached to direct.
In 2014, Silver Reel Partners, a Swiss company, and LKL Productions paid $117,000 to screenwriter Ron Terry to secure an option to produce the project. One condition of the option was that the producers would have to refinance $1.7 million in loans already extended to Terry. The producers were unable to refinance the loans, and filed suit shortly before the option expired in 2015.
The suit alleged that the loan contained unconscionable terms, and also accused Terry of shopping the project to other producers in violation of their exclusivity agreement.
Terry filed a counterclaim, accusing Silver Reel and LKL of sabotaging the project by filing suit and stirring up negative publicity, thereby scaring off the major studios.
The case has been dragging on in court since then. Silver Reel and LKL have cycled through three separate legal teams.
Most recently, LKL failed to appear at a trial date in April. Judge Nancy Newman dismissed the suit with prejudice.
In the meantime, Adams has dropped out of the project, and Vallee is no longer attached to direct. The producers are talking to other actors and directors and hope to produce the film this year.
Attorney David Berke handled the litigation for Terry.