Business partner files lawsuit against Chadov, seeking a substantial financial compensation
In an unexpected turn of events, Russian filmmaker Alexei Chadoff has won a lawsuit against his former partner, Maxim Boyev, over the profits of the film "For Palych!". The court ruling, which occurred in the summer of 2023, ordered Boyev to pay Chadoff 74 million rubles.
Chadoff, who was on a family vacation in Altai at the time, was informed about the court victory by a call from his professional team. The news disrupted his peaceful retreat, but he was undoubtedly pleased with the outcome.
The film "For Palych!", released in the same year, grossed an impressive 300 million rubles at the box office. Chadoff was responsible for the concept, script, and finding sponsors for the film, while Boyev and his wife handled its production.
Initially, the partners had agreed to split the profits evenly. However, it seems that Boyev failed to uphold his end of the bargain, leading to Chadoff's lawsuit. In response, Chadoff had also filed a countersuit, demanding his share of the profits.
Interestingly, Boyev is yet to respond publicly to the court ruling or the lawsuit. It's unclear whether he plans to appeal the decision or if he will comply with the court order to pay Chadoff the 74 million rubles.
Despite the legal dispute, "For Palych!" remains a significant achievement in Russian cinema, showcasing the creativity and hard work of its talented team. As for Chadoff, this court victory is likely to strengthen his position in the industry and inspire future collaborations.
While the media remains silent over Boyev's response to the court ruling, the financial implications for the business partnership between Chadoff and Boyev are clear. Chadoff's triumph in court not only secures him 74 million rubles, but also bolsters his reputation in the finance sector of the bustling Russian film industry.