February 18, 2025 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

CBS Seeks Compensation From Company That Sold Them “Nash Bridges”

More than seven months after a judge ruled that the former owners of the CBS hit “Nash Bridges” — who lost $15 million in a lawsuit brought by actor Don Johnson — could seek compensation from the company that sold them the show, the parties settled and avoided a trial, an attorney for the plaintiffs said Tuesday.

Los Angeles Superior Court Judge Mel Red Recana’s March 1 ruling allowed Rysher Entertainment, Qualia Capital and 2929 Entertainment — co-owned by Dallas Mavericks owner Mark Cuban and Broadcast.com co-founder Todd Wagner — to pursue a case for damages against Cox Media Group LLC.

The amount of damages was to be determined in a trial, but plaintiffs’ attorney Patricia Glaser said a settlement was reached instead. No terms were divulged.

The plaintiffs sought compensation for their losses, as well as attorneys’ fees, contending a Cox accounting decision resulted in $71.4 million in production expenses being withheld from calculating Johnson’s share of profits.

The plaintiffs’ attorneys maintained in their court papers that the right to indemnity was “expressly cited by the jury” in the Johnson case and by the appellate court decision that upheld portions of the actor’s judgment.

Lawyers for Cox Media maintained that a jury, not Recana, should have decided whether the Rysher indemnification claim was valid. Cox attorney Robert Haney told Recana during arguments in February that Rysher reached an agreement with Johnson that allowed the actor indefinite time to file his lawsuit.

Recana disagreed that Cox was entitled to a trial on the indemnity claim.

Cox owned Rysher until 2001, when it sold the company to an affiliate of 2929. As part of the sale, Cox allegedly assured the buyers that they would be able to reap $191 million in revenue from “Nash Bridges” before they had to share with any third-party profit participant, according to the suit.

After the sale, Don Johnson Productions alleged that as part of his deal to star in “Nash Bridges,” the former “Miami Vice” star was guaranteed a 50 percent ownership stake in the show if it lasted 66 episodes. The show aired for 122 episodes from 1996 to 2001.

Johnson sued in 2009, naming Rysher, 2929 and Qualia as defendants. A jury ultimately took $71.4 million out of the equation measuring how much revenue “Nash Bridges” generated because that amount was written down by Cox before the sale.

Johnson was awarded more than $52 million, which was reduced to $15 million by a three-justice panel of the 2nd District Court of Appeal.

 

488910227 (1)

Related Posts

(Video) Enjoy Beach Proximity and Prime Amenities at Ocean View Hotel

February 17, 2025

February 17, 2025

For More Info, Go To Oceanviewsantamonica.com For More Info, Go To https://t.co/RmxV3mgYCs pic.twitter.com/30oSvl7Zvf — Westside Today (@WestsideLAToday) February 17, 2025

Deadly Stabbing Outside Popular Santa Monica Bar on Saturday

February 16, 2025

February 16, 2025

One Man Killed, Another Injured in Early Morning Attack The Bungalow, a popular restaurant and bar in Santa Monica, was...

Iconic Gloria Vanderbilt Estate Hits the Market for the First Time in 72 Years

February 16, 2025

February 16, 2025

Historic Beverly Hills Mansion With Star-Studded Past Listed at $16.5 Million For the first time in 72 years, the historic...

Melrose Avenue Businesses Forced to Close After Floodwaters Inundate Stores

February 16, 2025

February 16, 2025

Heavy Rains Turned Melrose Avenue Into a River, Causing Severe Damage  Heavy rainfall in the Fairfax District caused flooding on...

State Farm Faces Scrutiny Over Emergency Rate Hike Request From State Official

February 16, 2025

February 16, 2025

Commissioner Lara Demands Answers on Financial Stability and Consumer Impact California Insurance Commissioner Ricardo Lara has responded to State Farm’s...

UCLA Suspends Pro-Palestinian Student Groups Following Protest at UC Regent’s Home

February 13, 2025

February 13, 2025

Chancellor Cites Potential Student Code Violations; Student Groups Reject Allegations UCLA has suspended two pro-Palestinian student organizations following a protest...

Flash Flood Warning Issued for Burn Areas, LAFD Officer Swept off Road by Debris

February 13, 2025

February 13, 2025

Storm Damage Closes Pacific Coast Highway, Officials Urge Caution Not even members of the LAFD are being spared from the...

Culver City Police Investigate Disturbing Incident in Culver City Park

February 13, 2025

February 13, 2025

Police Secure Area as Investigation Unfolds on Thursday Morning The Culver City Police Department received a call around 7:23 a.m....

Here are Your Last Minute Ideas if You Still Haven’t Planned Your Valentine’s Day Date

February 13, 2025

February 13, 2025

Luscious Cookies, Delightful Drinks, Full Dinners at Home or In House, We’ve Got Them Okay, maybe you have been a...

Beloved Baldwin Hills Family-Owned Restaurant Post & Beam to Close After 13 Years

February 12, 2025

February 12, 2025

Community Icon Shuts Doors as Baldwin Hills Crenshaw Plaza Redevelopment  In yet another loss for the Los Angeles culinary community,...

Santa Monica Hotel Event Space Offers Affordability, Accessibility

February 12, 2025

February 12, 2025

Elevate Your Events with Versatile Venues and Exceptional Service Coastal stays and eclectic event spaces don’t have to be expensive....

Flour Pizzeria & Cafe to Bring Brooklyn-Style Pizza to Brentwood This Week

February 12, 2025

February 12, 2025

Family-Owned Favorite from the Palisades to Open on San Vicente  Flour Pizzeria & Cafe, a restaurant from Pacific Palisades run...

(Video) The Willows Students Bring a 50-Foot Dragon to Life Through Art and Teamwork

February 12, 2025

February 12, 2025

Kristy Acero, The Willows DK-4th Grade Art teacher, led her students in a large-scale, collaborative project, with each grade creating...

ART& 2025: NeueHouse Unveils Inspiring Lineup Celebrating Feminine Leadership

February 12, 2025

February 12, 2025

Four-Day Event in Venice Beach Explores Creativity, Activism, and Cultural Impact NeueHouse has unveiled the schedule for ART& 2025, a...

LA Attorney Who Represented Rodney King Sentenced to Prison for Tax Evasion Scheme

February 11, 2025

February 11, 2025

Milton C. Grimes Ordered To Serve Time in Prison and Pay Restitution Milton C. Grimes, a longtime Los Angeles attorney,...