Just curious--I was reading the standard "Release" form used by an agency like CAA, and there's a clause about essentially not suing them if a very similar script by someone else ends up getting a deal. How often are there issues around this?
Reason I ask, there's a local writer who got completely passed over when a studio the writer had a film rights agreement with on a book got taken over by another company. The new people ended up doing a film project based on the writer's book but declined to honor the original company's agreement. The writer pursued a legal case for a time but it was futile.
I know that's a slightly different situation, but I was just wondering...how often are there issues around this? From the writer's perspective, what are the smart precautions to take?
Reason I ask, there's a local writer who got completely passed over when a studio the writer had a film rights agreement with on a book got taken over by another company. The new people ended up doing a film project based on the writer's book but declined to honor the original company's agreement. The writer pursued a legal case for a time but it was futile.
I know that's a slightly different situation, but I was just wondering...how often are there issues around this? From the writer's perspective, what are the smart precautions to take?
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