-JLC Hounddog Productions, L.L.C. et al v. Empire Film Group, Inc. et al, No. 1:2009cv09698 - Document 61 (S.D.N.Y. 2011)

Court Description: DECISION AND ORDER for 60 Report and Recommendation: For the reasons set forth within, the Report and Recommendation of Magistrate Judge James Cott dated September 15, 2011 (Docket No. 60) is adopted in its entirety. The Distribution Agreement betw een plaintiffs Hounddog Productions, L.L.C. and The Motion Picture Group, Inc. and defendant Empire Film Group Inc. dated March 7 1 2008 is declared to have been validly terminated on November 4, 2008. Plaintiffs' breach of contract claim, Plai ntiffs are awarded $400,000.00 as compensatory damages against Empire, plus pre judgment interest at the rate of nine percent computed from October 31, 2008, the date the Minimum Guarantee Final Payment under the parties' agreement became due, as further set forth within. The Clerk of Court is hereby directed to enter Judgment in favor of Plaintiffs and against Empire as set forth within. (Signed by Judge Victor Marrero on 11/10/2011) (ab)