RR Auction Lawsuit

The film industry has always managed to gather quite an impressive number of collectors who are often interested in memorabilia and items related either to celebrities in the business (actors, producers, directors) or to actual movies. Over the years, RR Auction has sold anything from movie posters or autographed pictures of Hollywood stars to props and even legal documents. Speaking of legal documents, back in 2015 RR Auction came across an agreement between the Marx brothers and Paramount Productions, dated on May 16, 1933. According to RR Auction a lawsuit actually took place prior to said agreement which was sold in 2015 for $5,017. As it was stated by RR Auction, the lawsuit was intended by the Marx Brothers, as the studio owed them royalties from two of the most recently released films, Monkey Business and Horse Feathers. Both of these films, the first one released in 1931 and the second one in 1932 were box office hits but despite that the studio did not manage to pa...

RR Auction has never been a stranger to music history. On the contrary, the Boston – based auction house has regularly held lot sales that included anything from musical instruments, autographs, signed albums and even documents that were signed by some of the best artists in the industry! The same thing also goes for this Jimi Hendrix signed document, dated on November 19, 1969 and which was sent to Yameta, his managing company at the time, represented by Chas Chandler. According to RR Auction, the lawsuit which pushed Hendrix to address this letter was intended by Ed Chalpin and his managing company, PPX.  The one page official document is signed at the conclusion in black ink and is in fine condition and it was estimated to be sold for over $14,000. In part, the letter reads: “ I also undertake to indemnify you in respect of any judgment which may be entered against you in the action, including possible court costs. In view of this undertaking on my part, my English ...

 Talking about collectibles and memorabilia is virtually impossible without thinking about the film industry and all the potential it has for collectors all over the world. In this field almost anything is valuable, from autographs to props, love letters between movie stars and even legal documents or official letters.  Back in 2015 RR Auction had the chance to sell an incredibly valuable document related to the film industry of the 30s. This is basically an agreement between the Marx brothers and Paramount Productions, Inc. According to RR Auction, a lawsuit was intended by the Marx brothers who, at the time were yet to be paid for Monkey Business which was a great success at the box office. Additionally, they also needed to receive payment for Horse feathers, which was Paramount’s highest grossing film that year. As it turns out, the studio owed them $205,000. As a result, the Marx brothers threatened to breach contract with the studio and walk out with on...