Australian TV producer must pay Greenstone TV founders $555,000, Court of Appeal rules

By Sophie Boot
May 21 (BusinessDesk) - The Court of Appeal has backed the High Court's ruling that the Australian producer which bought Greenstone TV in 2013 must pay the television production company's founders about $555,000.
Greenstone TV, which has produced shows such as Border Patrol, Neighbours at War and Motorway Patrol, was bought by Cordell Jigsaw Zapruder Productions through GTV Holdings Ltd from interests associated with its founder, John Harris, for a total of $6.05 million.
Of that, $4.8 million was paid when the sale was...
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