American film-maker Michael Moore has agreed a truce with Harvey Weinstein after it was announced that they have settled out of court. The action came to pass after claims by Moore that he had been cheated out of approximately 2.7 Million Dollars from the profits of the controversial and highly successful documentary Fahrenheit 9/11. Moore publicly accused Weinstein along with his brother Bob of what he called "Hollywood accounting tricks", the terms of the settlement have not been disclosed and will not enter the public domain until further in the year, possibly May.
Fahrenheit 9/11 won the Palme d'Or award at the Cannes film festival and sparked a wave of controversy with its very outspoken and public attacks on President George W Bush's handling of the terrorist attacks of September 2011 during his tenure. The documentary went on to become the most successful documentary of all time, along the way earning in excess of $220m at the box office globally.
Moore argued his case that he did not receive his agreed share of the profits, he went on to file a suit against the Weinstein’s and affiliated company, the Fellowship Adventure Group. It was claimed that an agreement to split the profits 50-50 was violated it was further claimed that "substantial irregularities in the accounting" had resulted in at least $2.7m of Moore's money being diverted
At the time, Weinstein’s lawyer Bert Fields denied the allegations stating: "Mr Moore has received a huge amount of money from this film and we believe he is overreaching," Fields also went on to say: "He should be ashamed of himself." Now however things have reached a settlement and the scheduled trial date of March 28th has now been cancelled, leaving Weinstein free to concentrate on the Oscars.