Or no Hobbits at all... - The Barrow-Downs Discussion Forum

William Cloud Hicklin · 02-14-2008, 10:52 AM

Accounting terms don't exist in a vaccum*: definitions and acceptable methods are rigorously defined in the 'generally accepted accounting practices' established by the American Institute of Certified Public Accountants.

Moreover, I take 'certain specified costs' in the contract to mean that only certain expenditures can be counted.

I would be utterly *un*surprised if New Line loses the Hobbit rights or is forced to sell them. Courts generally always refuse to enforce contracts in favor of fraudsters and deadbeats.

*No, they don't exist in a cow any more than they do in an airless void

02-14-2008, 10:52 AM	#15
William Cloud Hicklin Loremaster of Annúminas Join Date: Oct 2006 Posts: 2,330	Accounting terms don't exist in a vaccum: definitions and acceptable methods are rigorously defined in the 'generally accepted accounting practices' established by the American Institute of Certified Public Accountants. Moreover, I take 'certain specified costs' in the contract to mean that only certain expenditures can be counted. I would be utterly unsurprised if New Line loses the Hobbit rights or is forced to sell them. Courts generally always refuse to enforce contracts in favor of fraudsters and deadbeats. No, they don't exist in a cow any more than they do in an airless void __________________ The entire plot of The Lord of the Rings could be said to turn on what Sauron didn’t know, and when he didn’t know it. Last edited by William Cloud Hicklin; 02-14-2008 at 10:58 AM.