Business Law

Business Law News ISSUE 3, 2022

TRANSACTIONAL LESSONS FROM THE BANKRUPTCY BATTLE OVER SILVER LININGS PLAYBOOK

AUTHORS

Zev Shechtman and Daniette Gabai

I. INTRODUCTION

In Spyglass Media Group v. Cohen (In re Weinstein Co. Holdings LLC),01 the United States Court of Appeals for the Third Circuit ruled that a work-for-hire contract to produce the 2012 film Silver Linings Playbook in exchange for a share of the film’s future receipts was not an executory contract in the Weinstein Company’s ("TWC") 2018 bankruptcy case.

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