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Litigation

Sep. 16, 2014

Settlement shows likelihood of fights over handshake partnership deals

Entertainment lawyers say the Adam Carolla case included fairly novel legal terrain, namely assessing each member's monetary value in a nebulously formed entertainment business partnership.


By Matthew Blake


Daily Journal Staff Writer


LOS ANGELES - A confidential settlement last week in a suit against comedian Adam Carolla claiming he reneged on an implied partnership deal for his lucrative podcast shows the likelihood of litigation stemming from informal handshake or "cocktail napkin" deals in the entertainment industry, legal observers said.


"When people don't get greedy, handshake agreements work," said...

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