Director Greg McLean’s vicious horror Wolf Creek is regarded as one of the finest horrors of the last decade. News of a sequel has been floating around for years, with McLean directing, the sequel was set to take the film to new and shocking levels of horror. Geoffrey Edelsten was due to invest $5 million into the film, which is apparently has a budget of $13.2 million, however a legal battle has broke out, with Edelsten claiming he was not made aware he was “by far and away” the biggest single private investor. Read on for the details:
Mr Edelsten says in an affidavit that only $300,000 (of the $13.2 million budget) of this was from other private investors, the balance coming from government grants.
He says the amount coming from government agencies was not mentioned in his first meeting with the film’s director, and government support did not provide him with the “same comfort” as private investors.
Emu Creek Pictures, of which Greg McLean is a director, sent Millennium Management, of which Mr Edelsten is director, a statutory demand last month for payment of $4.923 million.
Millennium has now taken action against Emu Creek and is asking the Supreme Court to set aside the statutory demand.
“The plaintiff wishes to investigate irregularities with the investment deed and PIA (private investor agreement),” Mr Edelsten says in his affidavit.
“Further, based on the misrepresentations about the other private investors and the tax deductibility of my proposed investment, I believe that the plaintiff has a complete defence to the alleged debt.“
Mr Edelsten says in his affidavit he intends to issue separate action to rescind the investment deed.
Wolf Creek 2 would see John Jarratt reprise his role as deranged killer Mick Taylor.
Mr Edelsten revealed in August he was backing Wolf Creek 2.
“I was looking for a film with international appeal and the script for Wolf Creek 2 blew me away. I loved the first film, but this will set the bar at a new height,” he said at the time.
“It’s bigger, badder, more terrifying and action-packed than the first film. After reading the script it stuck with me for weeks, and meeting Greg and Matt (producer Matt Hearn) sealed the deal.“
In a statement late yesterday, Emu Creek Pictures denied Mr Edelsten’s allegations.
“We intend to fight the allegations in the Supreme Court of Victoria and are confident of victory,” the statement said.
“The production company has been clear, thorough and transparent in all its dealings with Geoffrey Edelsten and Millennium Management from the outset with Screen Australia overseeing the contracting process for the film.“
The dispute over the Wolf Creek 2 investment is due to be heard in February.
Bad news indeed. We did share the new plot with you sometime ago now, and just to remind you of what we will hopefully see soon, here are the plot details for Wolf Creek 2:
“Lured by the promise of an authentic Australian holiday, backpackers RUTGER, KATARINA and PAUL visit the notorious Wolf Creek crater. Their dream Outback adventure soon becomes a horrific reality when they encounter the site’s most infamous local, the last man any traveler to the vast and isolated region ever wants to meet; Mick Taylor (John Jarratt).
As the backpackers flee, Mick pursues them on an epic, white knuckled rampage across hostile wasteland. Only one will remain to be dragged back to his lair to witness the true magnitude of his monstrosity. And if the last man standing is to have any hope of surviving where no one has survived before, he’ll have to use every ounce of cunning to outwit the man behind the monster, and become every bit as ruthless as the monster inside the man.”
(Source: Herald Sun)
By Matt Wavish