Quote of the Day - A bear, however hard he tries, grows tubby without exercise. - Winnie the Pooh
Oh bother! What's another $500,000?
Winnie the Pooh and the 100-acre wood bring back childhood memories of innocence and hunny. But today, I'm afraid we're not in Kansas anymore, Toto.
The revolving door of lawyers has swung around once again. Let me explain the connection.
As this article explains, in 1991, the original Pooh cartoonist's wife's (Shirley Slesinger) heirs sued Disney over its non-payment of royalties to the Slesingers. The litigation hasn't stopped since then.
During the pending litigation, the Slesingers have changed lawyers like they change underwear. According to the SoCalLaw Blog, the Slesingers have had seven teams of lawyers in the last twelve years. The latest set of lawyers, however, may have established a new record.
The Slesingers said Friday "During the last couple of months, Jones Day's fees for handling this matter were much higher than either we or the firm expected."
Admittedly, Alan E. Friedman, an attorney with Jones Day, said in a letter sent to the court "cost considerations have led (the family) to conclude it cannot afford to have Jones Day continue as its counsel."
According to an IMBD article, those fees were in excess of $500,000 per month.
A simple, fun-loving bear who was given by a father, A.A. Milne, to his son, Christopher Robin Milne on his first birthday in 1925 has transformed into a meglo-marketing effort generating millions and long-running court battles.
What would Pooh say? Oh bother!