Kevin Costner - Kevin Costner Vs Stephen Baldwin Trail Begins Today

Actors Kevin Costner and Stephen Baldwin will begin their legal disputes in a New Orleans court today, as Baldwin and his business partner Spyro Contogouris are suing Costner and his partner, Pat Smith, over a dispute saying they are owed millions from the pair over an offshore dispute reports Fox8 New Orleans.

Baldwin and his associate invested in Offshore Therapy Solutions, a company that makes devices that separate oil and water based on similar devices developed by Costner while he was working on the film Waterworld. Costner had represented the company during the BP oil spill in 2010, bringing the technology to Louisiana to help clean up the massive leak.

Baldwin and Contogouris sold their shares in OTS for $1.9 million just days before Costner and Smith made a deal with the British oil firm worth millions and claim that they were forced out and 'duped of millions' because of the badly timed sell.

The defending party are said to owe around $15 million to Baldwin and his former associate Contogouris.

Costner and Smith also have placed a counterclaim against Baldwin and Contogouris because the buyout contract included an agreement that said neither party could sue at a later time.


Tags: Kevin Costner - Stephen Baldwin


More Kevin Costner

'3 Days to Kill' Combines Themes of Luc Besson's World

French writer-director-producer Luc Besson has created an entire industry by bringing American stars to Europe and turning them into action heroes in movies that oddly...

3 Days to Kill Movie Review

French filmmaker Luc Besson continues to combine family themes with intense violence (see Taken), but at least this film has a wry sense of humour...

Kevin Costner's 'Field Of Dreams' Celebrates 25th Anniversary With Baseball Game

Kevin Costner spent Father's Day recreating iconic scenes from the 1989 film Field of Dreams in which he starred. The film is celebrating its 25th...

A Week In Movies: Spider-Man Hits London, Aniston Films In LA, Trailers Arrive For Shaun And Earth To Echo, And A Short Film Teases Martin's Trek Home

Andrew Garfield, Emma Stone, Jamie Foxx, Dane DeHaan and director Marc Webb were all in London to walk the red carpet at the world premiere...


'Captain America: The Winter Soldier' Shields Off The Competition To Top Box Office

Captain America: The Winter Soldier fought off some pretty serious opposition to maintain its position at the top of the box office, while three newcomers...

'Draft Day' Reviews: 'Moneyball' Is Still The Underdog Sports Film To Watch

The people behind ‘Draft Day’ are probably getting a little bit tired of comparisons to 'Moneyball', the Brad Pitt-starring 2011 hit, but given that the...

Weekend Box Office: "The Lego Movie" Still Blocking "3 Days To Kill" From Making A Killing

And the weekend box office winner is… The Lego Movie, for the third week in a row. The movie collected $31.5 million in the US...

Scant Competition Will See 'The Lego Movie' Reign Supreme This Weekend

It looks as though Lego mania will stretch over one more weekend as Feb 21-23 gears up to be the dullest in box office history....



Kevin Costner Newsletter

Subscribe to this news alert service to receive news and reviews on Kevin Costner

Unsubscribe | Unsubscribe All