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#1
Trump, BBC agree on mediator for $10 billion lawsuit over Jan 6 documentary editing controversy
#1 out of 2
politics14h ago

Trump, BBC agree on mediator for $10 billion lawsuit over Jan 6 documentary editing controversy

  • Trump and BBC name John W. Thornton as pretrial mediator to resolve a $10B lawsuit.
  • The lawsuit claims the BBC defamed Trump by editing a Panorama documentary to influence the election.
  • BBC apologized for the edited clip but says there is no basis for defamation claim.
  • The Panorama documentary allegedly omitted Trump’s call to protest peacefully and spliced comments.
  • Lawsuit was filed in the Southern District of Florida and targets the BBC as a defendant.
  • The mediation session was proposed for the week of Oct. 26 as part of court procedures.
  • BBC stands by its position that there is no defamation liability despite apologizing for the edit.
  • Fox News reports confirm Trump remains pursuing damages and accountability from media outlets.
  • The mediator appointment aims to facilitate a settlement amid ongoing legal proceedings.
  • Trump's legal team emphasizes accountability for 'those who traffic in lies, deception, and fake news.'
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#2
iPic movie theater chain files for bankruptcy
#2 out of 2

iPic movie theater chain files for bankruptcy

  • iPic filed for Chapter 11 bankruptcy protection and aims to sell its assets.
  • Pasadena and Westwood locations will permanently close during the bankruptcy process.
  • iPic has 13 locations and about 1,300 employees, including 193 in California.
  • The filing cites post-pandemic shifts and streaming as factors hurting box office revenue.
  • The company owed about $141,000 in taxes and roughly $2.7 million in unsecured claims.
  • Assets were valued at about $155.3 million, with liabilities near $113.9 million.
  • WARN Act notices indicate the April 28 last day of employment for Pasadena and Westwood workers.
  • IPic’s bankruptcy filing notes the post-pandemic market remains challenging for theaters.
  • iPic intends to maintain current management to run operations during bankruptcy.
  • The company previously filed for bankruptcy protection in 2019.
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