Because I Said So

(2007)   Tags: Universal

GC SANDTON ACQUISITION, LLC v. GOLD CIRCLE FILMS, LLC

Plaintiff GC SANDTON ACQUISITION filed this case after Gold Circle Films defaulted on a package of production loans for seven movies they co-financed.  One of the seven films was ‘Because I Said So’ starring Diane Keaton and Mandy Moore.  The loan for ‘Because I Said So’ was $11,281,455 and a balance of $2,267,831 remained unpaid.

Judgment: The Court therefore directs that judgment be entered in favor of GC Sandton Acquisition, LLC against Gold Circle Films LLC and Gold Circle Finance LLC, jointly and severally, in the sum of $14,112,679.63, together with simple interest at the contractually prescribed rate of 11.5% per annum from March 1, 2019 forward.