Entertainment & Sports
Feb. 28, 2023
‘Sting’ screenwriter’s Oscar can’t be used to discharge debt
The unanimous decision by the 2nd District Court of Appeal panel solidified a long-standing rule the Academy of Motion Picture Arts and Sciences has against reselling its statuettes.
An Academy Award statuette cannot be seized as payment for a debt, an appellate court panel ruled, pointing to a binding agreement that prize winners enter into governing the sale or transfer of the award.
Benjamin G. Ramm, who represented a plaintiff-creditor trying to take the Oscar to defray a debt, said the appellate decision could have unintended consequences.
“The desire to protect an Oscar is understanda...
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