Hmmm... Here's a distressing question: are they going to burn through all the KS money fighting a legal battle? Something for the backers to be aware of.
Update 47 on the D&D Doc (Backers only): https://www.kickstarter.com/projects/andrewpascal/dungeons-and-dragons-a-documentary/posts/891481
"We wanted to let you know that the Kickstarter pledges are not being used to fund the legal action. We are funding this lawsuit out of pocket. All the funds from Kickstarter are being used for the film production."
Savini actually put up a $150,000 bond to the court to complete the lawsuit.
Regarding The Great Kingdom, the money hasn't left Kickstarter. While the defendants can't (or won't) speak right now (not sure if they're allowed to tell people about this), I poised the question directly on the main site.
Me: "I don't even think backers can reasonable ask for a refund. The good news is that in many cases funds for a specific purpose such as The Great Kingdom's Kickstarter funds can be held in escrow while the dispute is pending, and hopefully that is the case here. But the converse bad news is that if they are held in escrow pending legal outcome, nobody who donated to the second Kickstarter can request a refund until the lawsuit is settled or resolved."
Savini: Hey, John has it correct, The funds are being held by KS until the courts decide what will happen.
I think the good thing is that Kickstarter has it, so they can easilly refund everybody through their system, if it comes to that.
Hmmm... Here's a distressing question: are they going to burn through all the KS money fighting a legal battle? Something for the backers to be aware of.
ReplyDeleteBackers of BOTH projects, that is...
DeleteNo.
ReplyDeleteRegarding the D&D Documentary:
Update 47 on the D&D Doc (Backers only):
https://www.kickstarter.com/projects/andrewpascal/dungeons-and-dragons-a-documentary/posts/891481
"We wanted to let you know that the Kickstarter pledges are not being used to fund the legal action. We are funding this lawsuit out of pocket. All the funds from Kickstarter are being used for the film production."
Savini actually put up a $150,000 bond to the court to complete the lawsuit.
Regarding The Great Kingdom, the money hasn't left Kickstarter. While the defendants can't (or won't) speak right now (not sure if they're allowed to tell people about this), I poised the question directly on the main site.
https://www.kickstarter.com/projects/andrewpascal/dungeons-and-dragons-a-documentary/posts/948369#comments
Me: "I don't even think backers can reasonable ask for a refund. The good news is that in many cases funds for a specific purpose such as The Great Kingdom's Kickstarter funds can be held in escrow while the dispute is pending, and hopefully that is the case here. But the converse bad news is that if they are held in escrow pending legal outcome, nobody who donated to the second Kickstarter can request a refund until the lawsuit is settled or resolved."
Savini: Hey, John has it correct, The funds are being held by KS until the courts decide what will happen.
I think the good thing is that Kickstarter has it, so they can easilly refund everybody through their system, if it comes to that.
Well, that, at least, is a bit of good news.
ReplyDelete