Think Like A Man Too rose to the top of the box office opening at number one with $29.5 million. And now, according to EURWeb, a lawsuit has been filed by Bronner Brothers president and CEO, Bernard Bronner, against the film’s production company Rainforest Films and its owners Will Packer, Robert Hardy II, and TRF Productions, LLC. The suit claims gross mismanagement, misappropriation of corporate assets, waste of corporate assets, and abuse of control.
Bronner says he invested more than $500,000 to launch Rainforest with Packer and Hardy and raised more than $250,000 for the company. But he claims he has received “only a fraction of the initial amount that he invested in Rainforest." Despite Hardy and Packer having made multi-millions of dollars from the success of the company.
Bronner’s business relationship with Hardy and Packer began back in 2000 when Bronner put up more than $500,000 for Rainforest Films' indie flick Trois, in exchange for a return on his investment and “a profit” based on the film’s box-office performance. Trois eventually went on to gross over $1.2 million at the box office, and became the fastest African-American distributed film to surpass the $1 million mark.
According to the lawsuit, Bronner didn’t receive any payments for 2002, 2004, 2007, 2008 and 2009. When he questioned Hardy and Packer about the financial status of Rainforest Films, the duo repeatedly told Bronner that the company, despite its successful films, was making “little to no profit."
As news of the lawsuit against Rainforest Films goes public, news also comes that Packer and Harder have decided to part ways and dissolve the company, according to Deadline. “The two of us have been friends for over 20 years and will continue to support each other personally and professionally,” they said in a statement. “Our respective personal careers have taken us in different directions, and we have decided it is necessary to dissolve Rainforest Films.”
