Published:
'Flip This House' Creator Richard Davis Awarded $4 Million in Case Against A&E
CHARLESTON, S.C., Nov. 13 /PRNewswire/ -- Richard C. Davis,
creator-writer-co-producer and star of "Flip This House," a reality program
about real estate and one of cable network A&E's most successful series, was
awarded $4 Million in damages by a federal jury yesterday. Davis had claimed
that the network had a "50/50" revenue sharing agreement with him and his
company, Trademark Properties, Inc., and although it was an oral agreement,
the jury returned the landmark decision after only five hours of deliberation.
(Photo: http://www.newscom.com/cgi-bin/prnh/20081113/LATH067)
"I feel personally vindicated by the jury's verdict finding that I have
always had an agreement with A&E. This victory is much bigger than me. This
verdict makes it clear that if a network uses and profits from someone's
concept for a television show, they need to pay for it. I am thankful that we
were able to win one for the little guy," Davis said. "I'm very pleased with
the verdict," saidMount Pleasant attorney Frank M. Cisa, who represented
Davis. "These cases are very tough to prove."
Brian Wolf, an attorney with the firm of Lavely & Singer inLos Angeles
which also represents Davis said, "This case reaffirms the enforceability of
oral contracts in the television industry." A&E's attorneys declined to
comment on the ruling initially.
Contact: Stephen Jaffe, Jaffe & Co., Inc. Strategic Media: (310) 275-7327;
Trademark Properties, Inc.: (843) 762-0110
SOURCE Trademark Properties, Inc.
Copyright © 2009, PRNewswire
Copyright © 2009, NewsBlaze,
Daily NewsTags: ,ENT,TVN,LAW,SC-Trademark-Prop-A&, E
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