The Variety report goes on to state:
The complaint also notes that New Line and Zaentz are currently involved in arbitration. The nature of the arbitration is not specified, but the complaint alleges that New Line is attempting to leverage a settlement of some claims being arbitrated by refusing to perform its audit obligation until Zaentz agrees to resolve other claims in the arbitration.
The suit seeks unspecified money damages, as well as an accounting.
With that, we’re once again left to wonder what this bodes for The Hobbit. Join the discussion over at our Message Boards.