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| | MAGINDIA.COM - Film Roman starts arbitration against Pentamedia for breach of pact |
 | | Film Roman is seeking damages from Pentamedia for breach of agreement, including a break-up fee, damages for fraudulent inducement and misrepresentation and reimbursement of attorneys’ fees, accountant fees and related costs, according to Film Roman’s filing with the Securities and Exchange commission, USA. |
 | | According to Film Roman, it has submitted to Pentamedia, on Tuesday, a demand for arbitration pursuant to the stock purchase agreement and the subsequent memorandum of understanding signed by the two companies on January 31, 2001 and April 24, 2001, respectively. |
 | | Film Roman bases its claims on Pentamedia’s breach of the terms of both agreements between the two companies. |
| www.magindia.com /manarch/news/man235.html (419 words) |
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