In a certificate of trial readiness filed on Monday, “The Walking Dead” co-creator Frank Darabont and his CAA agents will reportedly be seeking a whopping damages verdict in excess of $280 million in the lawsuit against AMC over the profits of hit zombie series.
Darabont served as showrunner on the series until he was fired in the middle of the second season. His lawsuit contends that AMC has robbed him of contingent profits by producing the series and then licensing it to its cable network affiliate for inadequate money.
Darabont was contractually entitled to as much as 10% of certain “Walking Dead” profits after deductions. The lawsuit asserts that a low license fee formula has been designed to ensure that the show would never be in the black for profit participants. Darabont is also alleging that AMC improperly reduced his profit share by not counting him as fully vested in the second season.
In a statement to THR, AMC says: “Plaintiffs’ damages claim has no basis in reality and we will continue to vigorously defend against this lawsuit.” The next step is summary judgment motions. If at that point, the judge allows the case to move forward, it will go to trial which wouldn’t likely take place until 2018.
Source: THR Esq.