Preview

Kim Basinger Case Summary

Good Essays
Open Document
Open Document
863 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Kim Basinger Case Summary
It seems like an awfully difficult task to calculate lost profits to Main Line Pictures in this case. Kim Basinger, a well-known and very reputable actress, walked away from a movie deal causing Main Line Pictures to lose money. The amount of Main Line’s loss can never be determined with pinpoint accuracy, and Main Line would not have made the profit that they indicate they would have. However, is the plaintiff correct and are the claims the plaintiff is bringing forward reasonable? First, Main Line’s maximum and minimum lost profit amounts should not be revised downward. The 3 million dollars represents an estimate of predictable future cash flows from domestic distribution. The deal not being finalized does not in any way change that. There are those who will argue that it does, but I say that is a ludicrous argument because movie producers have to be able to predict future cash flows early on--before a movie is even released. They need to be able to determine whether it is worth obtaining “credit” for movies, because they need to be able to pay that money back to their lenders. Main Line also argues that they are entitled to $800,000 in foreign pre-sales, and I believe they also have a legitimate claim in this instance too for the same …show more content…
Let’s look at it from this perspective. Would Main Line produce a movie that they expected to lose a large amount of money? I think not. And, as the defense expert in this case clearly mentions, it is not always the actor that attracts movie-goers. He supports this claim with two very popular actors--Bruce Willis and Whoopi Goldberg. In fact, Bruce Willis’ films usually bring in large amounts of money are box office hits, but Hudson Hawk apparently was a flop and a big loss. Who could have predicted

You May Also Find These Documents Helpful

  • Powerful Essays

    Jennifer Lawson [hereby referred to as The Defendant] is a former employee of Greene’s Jewelry Wholesale, LLC [hereby referred to as The Company] located in Derry, New Hampshire.…

    • 1717 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Tina Imbalt Case Summary

    • 1385 Words
    • 6 Pages

    3 year old Tina Gerhardt was admitted to the abulatroy surgery unit at Nightingale Community Hospital by her mother for bilateral myringotomies (insertion of ear tubes). After Tina was registered, she was handed off to the pre-op nurse and she explained that the surgery was going to take 45 minutes and recovery would take an hour. Tina mom gave the per-op nurse instructions to called her if Tina was done with surgery and recovery before she came back. The per-op nurse took the…

    • 1385 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Lucille Mckenzie, a 72 year old female accompanied by her stepdaughter/ sole carer Marjorie Wilson was admitted to the ward on the 17th January via Accident and Emergency (A&E), following a fall at home. X-rays revealed healing fractures of several ribs and arthritic changes, but no bony injury of her right hip.…

    • 2056 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Renee Fox Case

    • 631 Words
    • 3 Pages

    The defendant, Renee Fox, has been charged with aggravated robbery under the theory of accountability in Cook County Illinois. The charges arise out of an alleged aggravated robbery committed by Steven Sharp on August 10th, 2016 at Rub’s Backcountry Smokehouse. Fox was arraigned on August 11th, 2016 and is awaiting trial in Cook County Superior Court. The subsequent facts outline the alleged offense and the surrounding circumstances that relate to these charges. This memorandum’s purpose is to determine the likelihood of proving Fox guilty of aggravated robbery under the theory of accountability.…

    • 631 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Ramona Strickland Case

    • 435 Words
    • 2 Pages

    PI/RISK MANAGEMENT REPORT: Ramona Strickland reviewed the attached Clinical Dashboards for Acute and Residential Services.…

    • 435 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    During the summer months of 1996, a young girl, Amber Hagerman was riding her bike down the neighborhood streets in Arlington, Texas. Only nine years old, she was abducted by a white or Hispanic man driving a dark truck, while Amber was screaming for her life. Neighbors who witnessed the kidnapping called 911 reporting that she had been pulled off of her bike and thrown into a random male’s truck. After extensive searches through woods, waterways and other possible hiding spots, Amber’s body was found four days later in Northern Arlington. Autopsy reports stated that she had to have been held for two days before she was murdered and that she had been molested while being held captive (Examiners, 2013). To this day, Amber’s killer is still…

    • 365 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    A former Church of Scientology member has filed a case alleging the church had forced her to work long hours when she was younger and have abortion at 17.…

    • 348 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Dr. Melissa Simon is a professor and a vice chair department of obstetrics and gynecology, and she is doing her fellowship at Northwestern Memorial Hospital including the Prentice Women's Hospital. Melissa grew up in Detroit in a barrio where there was only violence and lack of opportunity. As she was growing up in Detroit she still remembers that there were times where she did not have a roof over her head due to the poverty she was living in and had no support from people who she cared about. Melissa said that “many people told me that I wouldn’t make it through college and I will not have a chance to achieve my dream”. As she was finishing High School one of her teachers told her if she had a plan of her future career plan what she wanted…

    • 417 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Vera Bradley needs to come up with innovative strategies that will improve company performance. First of all, the firm's marketing department needs to use their sales techniques to attract customers so that they can increase brand awareness which will result in generating revenue. Secondly, Vera Bradley has to capitalize on their resources in North America because they understand that market segmentation. Thirdly, they have to penetrate the Asia-Pacific region because the incomes in China and India are increasing so these people can afford the products. Fourthly, the company needs to understand their competitors business strategies. Lastly, if the company implements the above suggestions along with the leadership team creating an effective…

    • 126 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Winona Ryder Court Cases

    • 1011 Words
    • 5 Pages

    By the mid-1990s, Winona Ryder, a fresh-faced young actress, was one of the most prominent screen starlets of the time. She had many hit movies under her belt, including “Heathers”, “Edward Scissorhands”, “Beetle Juice”, and “Reality Bites”. Ryder, a native of Minnesota, was on top of the world. However, a few years down the line, Ryder had a brush with the law that was widely publicized. Both negative and positive outcomes stemmed from this situation.…

    • 1011 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    That is wonderful shortcut for the patients who were in dire need of an appointment. Having a family pulmonary issue I know the importance of receiving an appointment in a short span can me hospital visit and extra expense that wasn’t in the budget. That short cut can be instrumental to other physician offices. Follow up is to the key to supervision or anything of importance. It is very impressive that you placed a method to ensure the same occurrence would not happen again.…

    • 85 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Sandra Bland Case

    • 251 Words
    • 2 Pages

    Sandra Bland died in police custody in Waller County Texas we all have our own opinions on what caused her death, but I think the biggest cause was racism. This is interesting because sources claim that part of Texas have a long list of racial tactics especially from police. Bland was pulled over for a minor traffic violation on July 10th 2015 additionally with her being pulled over she was handled in a disgusting manner. The officer that pulled her over grew angry with Bland because she kept asking “what did I do?” and was yanked her out the car and threw her to the ground where her head was hit multiple times. She was supposed to get a traffic ticket and be on her way why was she later removed from her vehicle. I feel deep down in my heart…

    • 251 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    I am writing this letter in order to show my support on your decision not to accept the appeal of Carmela Buchbut in 1994.…

    • 234 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Keisha's Case Summary

    • 84 Words
    • 1 Page

    I think the three things that demonstrated Keisha's ability to anticipate the physician's needs was how she dealt with the patient in the room. The first thing she did was to get the chief complaint from the patient and then ask questions related to the medical issue. She kept a professional manner the entire time and had the patient urinate in a cup and then change into a gown to prepare the patient for a full exam that would be related to her symptoms.…

    • 84 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    The letter from the vice president of sales to Magicon has significant impact on the accounting as the wording in the contingency statement pertains directly to the reasonable certainty of receiving payment. This uncertainty created here would reflect an uncertainty of payment which would require that revenue not be realized or recognized until it is reasonably certain. The fact that the revenue was recorded even though the collectability was uncertain is very fishy. If the deal falls through, even though this was stated as unlikely, Longeta will still temporarily benefit from the increased revenue recorded before…

    • 706 Words
    • 3 Pages
    Good Essays