Kevin Spacey’s ‘House of Cards’ Firing: MRC Loses $29 Million Insurance Case Over Sexual Addiction
A Los Angeles jury ruled that Media Rights Capital's $100 million loss was not due to a covered sickness but media fallout from sexual-assault allegations against Kevin Spacey.
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5 Articles
Kevin Spacey’s Contested Exit From ‘House Of Cards’ Blows Up On MRC In $100M Insurance Trial
Media Rights Capital’s loss in an pricey insurance dispute over the demise of House of Cards was ultimately a reversal of fortune and shifting alliances right of out Frank Underwood’s playbook. Swinging from fighting Kevin Spacey in court, the Modi Wiczyk and Asif Satchu founded MRC turned its focus a few years back to insurer […]
'House of Cards' Production Co. Loses Bid for $100 Million Insurance Payout Over Kevin Spacey Sex Addiction
The production company that created “House of Cards” lost its bid to force an insurer to cover more than $100 million in losses from an imploded season of the Netflix hit after a Los Angeles jury found that Media Rights Capital failed to prove star Kevin Spacey was unable to work because of a covered medical condition – in this case, sex addiction. The Tuesday verdict resolves the long-running insurance fight over whether the production company’…
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