Davis 'thankful' for verdict in case against A&E
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A&E told to pay Davis; 'Flip This House' trial ends with $4 million judgment against network published 11/13/08
One day after winning a $4 million federal jury verdict over a cable television network, Charleston real estate investor Richard C. Davis released a written statement Thursday saying he was "thankful to win one for the little guy."
Davis had claimed that A&E Television had agreed verbally to a 50-50 profit-sharing agreement with him and his James Island company, Trademark Properties Inc., from the reality series "Flip This House."
A&E denied any such agreement existed and said a 50-50 split was unheard of in the TV industry.
A 12-person jury in Charleston on Wednesday awarded Davis more than $4 million in damages, ending a trial that began Nov. 3.
"I feel personally vindicated by the jury's verdict finding that I have always had an agreement with A&E. This victory is much bigger than me. This verdict makes it clear that if a network uses and profits from someone's concept for a television show, they need to pay for it. I am thankful that we were able to win one for the little guy," Davis said in his statement.
A spokesman for A&E said the network will seek to reverse the verdict.
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Comments
Pillsbury (anonymous) says...
I'm sorry, but I hate that show . . .
November 13, 2008 at 9:57 a.m. ( permalink | suggest removal )
tallblonde (anonymous) says...
Congratulations, Richard! All the best to you & Ginger!
November 13, 2008 at 11:19 a.m. ( permalink | suggest removal )
mendelsd (anonymous) says...
He's a crook.... Juries can be so stupid.
I think that he broke up his marriage with that Ginger gal, too..... Classy guy!
November 13, 2008 at 11:21 a.m. ( permalink | suggest removal )
jason_f (anonymous) says...
AT THE END OF THE DAY......Richard gets 4 mil. Not bad. I liked the show and I would still watch it. Seems unbelieveable that he would agree to do a TV show with no contract.
If A&E wants some real lowcountry stars they need to check out Johnny and Natalie at Johnny's Suzuki. I could watch them all day.
November 13, 2008 at 1:49 p.m. ( permalink | suggest removal )
HomeGirlie (anonymous) says...
Way to go Richard. I loved the show and I am laughing my fine behind off at you getting money from those idiots at A&E. Whooo hooo bubbadarlin.
November 13, 2008 at 5:30 p.m. ( permalink | suggest removal )
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