It appears that a settlement has finally been reached in the long-fought, bitter feud that was the Watchmen lawsuit. This afternoon, IESB reported on the settlement being reached, as well as provided a .pdf of the official court document. The relevant info read as follows:
WHEREAS, following the Status Conference with the Court on December 29, 2008, the parties began discussions aimed at resolving the parties' disputes; and WHEREAS, the parties are continuing to address a few remaining settlement issues; THEREFORE, the parties, through their respective counsel of record, jointly request as follows: 1. The parties request a hearing on January 15, 2009 at 3:30 p.m.(preferably in chambers) to report on a final resolution or, alternatively, to discuss how to proceed on January 20, 2009.
Lawyer to English Translation:
"After the meeting with the Judge on December 29, 2009 both Fox and Warner began to meet in secret to hammer out the details of a settlement. At this time, both parties are now asking to hold a hearing on January 15, 2009 at 3:30 pm to announce the final results of those meetings, or if need be, how to proceed on the upcoming January 20 meeting set by the Judge."
Of course, there is nothing there that we have not already discussed. An official settlement announcement is expected at approximately 4:00 pm (PST.)
It is indeed a happy day for fanboys everywhere. Did Fox get everything it wanted? Not really, at least according to sources at ComicBookMovie. The lawsuits will apparently continue against producer Larry Gordon and his legal team in response to the way that the initial deals from 1991 and 1994 leading to this lawsuit were handled in the first place. That, however, should have no effect on the March 6 release date, and it certainly means that this very promising adaptation is unequivocally out of danger from being scrapped. We have come a long way, and I hope I can now finally retire this generic "courtroom with smiley face" pic that I have been using to report this hot mess of a legal issue.