This is one agency war that has ended with a veiled whimper rather than a drawn-out legal drama. More than six months after Jeff Berg’s Resolution took ICM Partners to court over his former agency’s repeated insistence that it was entitled to commissions on deals made by its former agents, the plug has been pulled on the battle. Terms of the settlement have not been revealed, but Resolution filed for a dismissal on March 24. “Essentially, both gangs put down their knives,” a source close to the situation tells me.
The whole complaint stemmed from ICM, which has seen a number of its agents and their clients pull up stakes to join Berg since he formed Resolution in January 2013, sending claim letters to its former chief’s new agency supposedly “reserving rights,” according to the complaint filed October 9 in LA Superior Court. ICM reportedly wanted money from deals that its former agents put together or could negotiate while now at Resolution. Berg’s gang wanted the court to declare, as stated in last fall’s filing, that “Plaintiff owes no duty whatsoever to Defendants with respect to commissions.” After the case sat in the courts not doing much for a few months, it seems everyone sat down and hammered out a deal on the quiet that they all could live with.
Resolution was represented by Joe Taylor and Tiffany Caterina of L.A. firm Liner Grode Stein Yankelevitz Sunshine Regenstreif & Taylor. Howard Weitzman, Kristen Spainer and Lawrence Iser at Kinsella Weitzman Iser Kump & Aldisert represented ICM Partners
Deadline's Dominic Patten - tip him here.