Wednesday, 26 August 2015

Texas judge orders $10 million set aside for 'Fifty Shades' settlement.

REUTERS/Neil Hall.
FORT WORTH, Texas (Reuters) - An Australian woman who helped publish "Fifty Shades of Grey" was ordered by a Fort Worth judge on Wednesday to set aside $10 million for a Texas woman a jury said was defrauded out of her share of the royalty rights for the steamy best-selling novel.

Jennifer Pedroza of Arlington could be awarded about $10.7 million once attorneys for her and former business partner Amanda Hayward of Australia settle on the amount she is owed, including attorney fees, court officials said.

Judge Susan McCoy said she would rule on a firm amount once an agreement between the two sides was reached.

Pedroza was part of The Writers Coffee Shop, a small independent publisher of ebooks that originally published the "Fifty Shades" trilogy as an e-book and print-on-demand book, according to court papers.

She did not appear in court on Wednesday but her attorney, Mike Farris, said: "We have been pleased with everything since the jury verdict."

By Marice Richter.
Full story at Yahoo News.

No comments:

Post a Comment