Kevin Costner Files $15 Million Lawsuit Against Former Producing Partner Over Company Stocks

by Jon D. B.
kevin-costner-files-15-million-lawsuit-against-former-producing-partner-company-stocks

Kevin Costner is gearing up for an intense legal battle with the former producing partner from some of his best known films after their refusal to turn over company assets.

Costner, now 65 and star of Paramount’s #1 cable drama Yellowstone – among countless Hollywood classics – is suing a former business partner from several of said Hollywood classics. The case is a hefty one, too, with the iconic actor filing for $15 million. The target? Jim Wilson.

Wilson, a former co-producer and business partner of Costner’s, also happens to be the individual who scored Costner his first starring role in 1983’s Stacey’s Knights. In short: the two go way back, and have deep ties with one another.

Now, they’re set to do legal battle over said millions of dollars. And it’s all due to one of Hollywood’s most beloved films: 1990’s Dances with Wolves.

Kevin Costner Dances with Courts

In the legal complaint obtained by People, Kevin Costner states he “wanted to pay back the opportunity Wilson gave him and brought him on as a producer for 1990’s Dances with Wolves“. The film won them both a Best Picture Oscar. From there, the two would go on to work on several of Costner’s classics. The BodyguardMessage in a Bottle and The Postman are chief among them.

To do so, Costner set up his own production company to use for these projects outside of Warner Bros. In 1992, he would form Good Ones Production and bring on Wilson as a partner.

Now, 20 years on, Wilson is being sued for conversion, fraud, breach of fiduciary duty, and unjust enrichment by Costner. All after refusing to give up his Good Ones assets.

Reportedly, Costner wishes to dissolve Good Ones and “take back the stock” from the refusing Wilson.

“Derogatory Comments” Fire Up Costner

“Given that Kevin Costner and Wilson had not done business together for more than 12 years, and Wilson was no longer an officer of TIG, it made no sense for Wilson to hold bare legal title [Good Ones Production] stock,” says Costner’s attorney Howard Kaplan in the complaint obtained by People. “[Wilson] indicated he was not interested in producing any of the projects, not interested in any contingent compensation for any of the projects and did not want anything to do with Costner with respect to these projects. However, he refused to sign the agreement.”

Instead, Jim Wilson is demanding $50,000 in exchange for the stocks. This pales in comparison to his”derogatory comments” made about Costner, however. Because really – who would do such a thing about this man?

Wilson has so far declined to comment on the charges or lawsuit.

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