Judge Upholds $4M Verdict In "Flip" Lawsuit In SC

Stock quotes in this article: DIS , GE  

CHARLESTON, S.C. (AP) — A federal judge in South Carolina has upheld a $4 million verdict for the creator and one-time host of cable television's "Flip This House".

The Post and Courier of Charleston reported that U.S. District Judge C. Weston Houck on Wednesday affirmed the victory for Richard Davis against A&E Television Networks.

Davis had won a jury award in the breach of contract case.

Davis had argued that he had an oral contract with A&E to evenly divide profits from the show. The network said there was no contract.

Lawyers for A&E had asked that the decision be reversed or that Norton order a new trial.

A&E's senior vice president of corporation communications, Michael Feeney, said the network will appeal.

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A&E Television Networks, a joint venture of Hearst Corp., The Walt Disney Co. and General Electric Co.'s NBC Universal.

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Information from: The Post and Courier.

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