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Terminator's Salvation from Lawsuits

Variety reports two TERMINATOR SALVATION producers have sued the Pacificor hedge fund (and one of its former employees) alleging financial wrongdoing.

The Halcyon Co., owner of the rights to the movie franchise, has accused former Pacificor employee Kurt Benjamin of fraud, double-dealing and conspiring with the fund's CEO, Andy Mitchell.

Dominion Group, owned by Halcyon heads Derek Anderson and Victor Kubicek, accused Pacificor in a second suit of wrongfully filing a lien on Dominion's assets to block financing for Halcyon.

Each suit seeks $30M in damages.

Santa Barbara-based Pacificor provided the financing for Halcyon's acquisition of related rights to the TERMINATOR franchise in May 2007.