(1994)
Jennys Memorial Business v. Peacock Films/1st Miracle Pictures
This breach of contract case concerns the sale and distribution of a film titled “Altered Love.” In 1994, Jenny’s entered into a contract with Defendants, Peacock Films, regarding the distribution “Altered Love.” Under the contract, Peacock agreed to pay Jenny’s “100% of the Net Receipts” in exchange for the distribution rights. The contract defined “Net Receipts” as the gross receipts (all money received) minus 35% of the gross receipts (Peacock’s distribution fee) minus distribution expenses minus advancements (to or on behalf of Jenny’s). Peacock did not pay Jenny’s any money, so Jenny’s filed suit.
Judgment: ORDERED that Plaintiffs Jenny’s Memorial Business, take of Defendants, Peacock Films/lst Miracle Pictures, nominal damages in the amount of One Dollar ($1.00) and shall recover of Defendants their costs of action.