Movies & TV / News

Fast and Furious Producer’s Lawsuit Over Hobbs & Shaw Settled

September 12, 2020 | Posted by Joseph Lee
Fast & Furious Presents: Hobbs & Shaw

The Hollywood Reporter brings word that Universal Pictures has settled with Fast & Furious producer Neal Moritz after he previously filed a lawsuit over his share of profits from the spinoff Hobbs & Shaw. This comes a week after an appeals court in California denied a request to send it to arbitration. Moritz plans to work with Universal again after “a little family disagreement.”

He sued in October 2018, claiming breach of contract. He said he began to work on the spinoff after an oral agreement. After getting fixed compensation, bonuses, backend participation and pay-or-play protection for the first eight films in the series, he said he was promised a first-dollar-gross deal for the spinoff. After the contract began to be written, Universal tried to change things so that his profit would only begin after the film made back its budget. Universal claimed that his previous agreements had arbitration provisions (as did Hobbs & Shaw) and so their disagreement should have an arbitrator. L.A. County Superior Court Judge Craig D. Karlan sided with Moritz in July 2019 and said that the clause was never active and previous deals weren’t relevant to this one. On September 2, the appeals court upheld this decision.

Universal said: “Neal H. Moritz has been an integral part of the Fast & Furious family since the inception of the franchise nearly two decades ago. The studio and Neal have amicably resolved our dispute and settled all claims relating to the Fast & Furious spinoff Hobbs & Shaw. We’re glad to put this issue behind us and focus on the future of this franchise.

Moritz added: “Fast & Furious has always been about family and unfortunately we had a little family disagreement. I am happy to rejoin my Universal and Fast family to continue to work on the Fast saga for many films to come. I appreciate Universal’s leadership team working with me and my attorney Howard Abramson to resolve this fairly.

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Hobbs & Shaw, Joseph Lee