|Description||On May 29, 2014, Jennifer Lynn Pedroza filed a lawsuit against an Australian resident named Amanda Hayward and a company she owned called TWCS Operations Proprietary Ltd., in the 153rd Judicial District of Tarrant County, Texas. In the lawsuit, Ms. Pedroza asked the court to declare that she was one of four partners in a partnership called The Writer’s Coffee Shop (“Coffee Shop”), which was the original publisher of the Fifty Shades of Grey trilogy. In March of 2012, Coffee Shop had sold the publishing rights to the Fifty Shades trilogy to Random House in exchange for a share of royalties to be paid out over the next three years, an amount that turned out to be tens of millions of dollars. Ms. Pedroza also sought to recover her share of Coffee Shop profits, including her share of those Random House royalties. Following a jury trial, and a verdict in her favor, Pedroza was awarded $10,634,587, plus pre-judgment interest and attorney’s fees.
Mike Farris, co-author of Fifty Shades of Black & White: Anatomy of the Lawsuit behind a Publishing Phenomenon, will share the insider strategies involved in this high stakes litigation, and you might learn (or remember!) a few things about partnership.
Qualifies for one hour of professional development credit.|