Stefano Vranca, a principal at Rothstein Kass’s Beverly Hills, Calif., office, sees lawsuits in the entertainment industry up close.As head of the firm’s litigation and forensics practice, he often handles royalty reviews and negotiations for various movie studios. Vranca has noticed an increasing reliance on “creative accounting” by businesses of all types as the economy goes sour and companies try to eke out revenues whatever way they can.
“A lot of big studios have problems with manufacturing or distribution of videos or music, whether it’s packaging or advertising costs,” said Vranca. “We’re working to help them recoup money.”
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