Media Rights Capital’s loss in an pricey insurance dispute over the demise of Netflix‘s House of Cards ultimately was a reversal of fortune and shifting alliances right out of Frank Underwood’s playbook.
Swinging from fighting Kevin Spacey in court, the production company founded by Modi Wiczyk and Asif Satchu turned its focus a few years back to insurer Fireman’s Fund in the hopes of recouping the more than $100 million in losses MRC reckons it suffered from HoC’s sputtering end and Spacey-less final season in 2018.
If the much-accused Spacey indeed was sick (in this case with a sexual compulsive disorder aka sex addiction), the court would agree the insurance would cover HoC’s losses and the books (and cards) would be rebalanced.
With top attorneys like Michael Kump leading the charge, MRC had specialists, medical reports and more all lined up.
Watch on Deadline
...Keep reading this article on DEADLINE.
