Film Funder Loses Fight Over Missed Deadline Guarantee

Law360, London (May 28, 2021, 1:19 PM BST) -- A movie financier lost an appeal on Friday that sought to overturn a ruling allowing Allianz and other insurers to avoid paying millions of pounds under a completion guarantee, finding there was no ambiguity in a policy clause governing returns.

The Court of Appeal ruled that the producer of "Starbright" and its main financier had not "returned" some components of the movie sufficiently rapidly under the terms of the insurance contract when they had concerns about quality before the deadline. The film features "The Lord of the Rings" star John Rhys-Davies.

The appeal turned on the word "return" in a completion guarantee. The judicial...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!