Producer Rob Houwer has finally resolved the legal battle surrounding the remake of Soldier Of Orange 2, the sequel to Paul Verhoeven's 1979 war drama.
The film was supposed to have been shot this summer, but a conflict about the completion bond between Houwer and the financing company Arteco, ended in court.
Houwer already won a legal case against Arteco in June, when he got the right to look for new investors for the Euros 12m Soldier Of Orange 2, one of the most expensive productions in Dutch cinema-history.
However, producer Houwer wanted Euros 3m compensation from Arteco for the collapse of the movie, which was to be directed by Jean van de Velde (All Stars, Leak).
This week both parties agreed to settle out of court. Houwer will be compensated by Arteco, although the amount has not been made public. Both parties made the settlement in order to reduce the losses for the private investors who participated in the movie. Instead of an estimated profit of 20% to 35%, backers were looking at a loss of 10% percent on their Euros 11.3m investment.
No comments yet