The lawsuit brought by HarperCollins and the Tolkien estate against New Line Cinema seeking unpaid royalties from the Lord of the Rings films, alleging breach of contract and fraud, has been scheduled for trial in Los Angeles in October 2009. LA Superior Court Judge Ann Jones found that there is a legal basis for the fraud claim, though she disallowed any claim of punitive damages. (The suit asks for over $150 in compensatory damages.) The suit also asks the court to terminate New Line’s rights to make movies based on the Hobbit–ironically slated to be directed by just-announced HarperCollins author […]