(2007)
The Gatorade Company v. Octave Entertainment Fund, Ltd.
Gatorade loaned $2,500,000 in connection with writing, producing, editing and securing distribution for a major motion picture titled “Gracie.” Gracie repaid $500,000 of the Loan to Gatorade. However, $2,000,000 of the Loan remains outstanding.
Judgment: The Gatorade Company, voluntarily dismisses the above captioned action against defendant, Octave Entertainment Fund, Ltd., without prejudice.