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Many transactions were lost, and the company, after suspending bond and over-the-counter trading, reported big losses in what should have been a highly profitable year.
The suit by Hoodwinked! writer Tony Leech and Brian Inerfeld, which was filed at the New York supreme court last week, labels the siblings "two out-of-control movie executives... who sabotaged what should have been a highly profitable movie through a potent combination of hubris, incompetence, profligate spending, and contempt for contractual obligations".
That business has historically been a highly profitable one for Goldman, representing 35 to 48percentt of revenue in recent years.
The picture is also the subject of an ongoing lawsuit, as its writer-director Tony Leech and film producer Brian Inerfeld sued The Weinstein Co. claiming that the independent studio's founders, Bob and Harvey Weinstein, "sabotaged what should have been a highly profitable movie".
Similar(56)
The paper was a highly profitable business in good years, its profits might surpass a hundred million dollars, or nearly half of what Jeff Bezos paid for it and assorted smaller properties this week and it was run with tough business practices.
The paper was a highly profitable business — in good years, its profits might surpass a hundred million dollars, or nearly half of what Jeff Bezos paid for it and assorted smaller properties this week — and it was run with tough business practices.
Walmart is a highly profitable corporation, recording between $16 and $17 billion a year in profits.
Wal-Mart is a highly profitable corporation, reporting between $16 billion and $17 billion a year in profits.
Exploiting Pooh is a highly profitable business.
It is a highly profitable business.
Cattle farming, for instance, is a highly profitable enterprise.
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CEO of Professional Science Editing for Scientists @ prosciediting.com