According to the law firm representing Celador International, the creators of ‘Who Wants To Be A Millionaire?,’ Judge Virginia A. Phillips of the United States District Court for the Central District of California has awarded $50 million in prejudgment interest to Celador International, Ltd. in addition to the already awarded damages of $269,431,798 awarded to Celador on July 7, 2010 bringing the judgment against Disney to a total of $319,431,798 pending the reward of any additional litigation costs.
The Order issued after Disney stipulated formally to Celador’s entitlement to $50,000,000 in prejudgment interest rather than leave it up Judge Phillips to decide the amount owed to Celador. Disney also agreed not to challenge Celador’s right to prejudgment interest and will not appeal the $50,000,000 award.
Celador’s trial lawyers Roman M. Silberfeld and Bernice Conn, partners with Robins, Kaplan, Miller & Ciresi L.L.P. in Los Angeles, said, “We are pleased that Disney recognized the wisdom of reaching this agreement rather than incurring the cost of litigating the prejudgment interest issue in the trial and appellate courts.”