tldrdaily.news logo
Tag

Michael Kassan

All articles tagged with #michael kassan

business1 year ago

"Legal Battle Erupts as UTA and Michael Kassan Trade Lawsuits Over Company Expenses and Breach of Contract"

A legal battle has erupted between Michael Kassan and United Talent Agency (UTA) following Kassan's departure, with Kassan claiming he was misled about his role and privileges at the firm, while UTA alleges he misused company funds. Kassan initiated arbitration against UTA, alleging fraudulent inducement, while UTA filed a lawsuit accusing Kassan of using company funds for personal expenses. Both parties have exchanged allegations, with Kassan denying theft and UTA claiming misuse of funds. The dispute also involves claims about Kassan's departure and alleged breaches of contract.

via Hollywood Reporter|
#business#company-expenses#legal-dispute
business1 year ago

"Ad Industry Turmoil: Michael Kassan and UTA's Legal Battle Unravels"

Michael Kassan, the founder of MediaLink, has alleged in an arbitration filing that UTA undermined his business after acquiring it for $125 million, leading to his resignation. UTA, in turn, claims to have fired Kassan due to misappropriation of company funds and is preparing to take legal action against him. The dispute has put the future of MediaLink, a consultancy serving the technology, media, entertainment, and advertising sectors, in question. Kassan, known for his extensive industry connections, has a history of legal and professional challenges but has remained a prominent figure in the advertising business.

via Variety|
#advertising-industry#arbitration-filing#business
legalentertainment-industry1 year ago

"UTA and Michael Kassan: Legal Battle Unveils Alleged Fraud and Broken Relationships"

MediaLink founder Michael Kassan and UTA are embroiled in a legal battle involving allegations of fraud, breach of contract, and financial impropriety. Kassan filed a $25 million arbitration demand against UTA, accusing CEO Jeremy Zimmer of breach of contract and broken promises, while UTA countersued, alleging Kassan's misuse of corporate funds and resources. The dispute stems from Kassan's resignation from MediaLink and subsequent fallout with UTA following its acquisition of MediaLink. Both parties are pointing fingers and engaging in a heated legal showdown.

via Deadline|
#breach-of-contract#fraud#legal-battle