Belfast Telegraph

Friday 30 January 2015

Baldwin denied retrial against Costner

Kevin Costner
Kevin Costner

Stephen Baldwin's request for retrial in his lost lawsuit against Kevin Costner has been dismissed.

Stephen claimed that The Bodyguard star defrauded him out of millions of dollars.

The actor first filed suit against Kevin back in 2010, claiming the Hollywood star fraudulently advised him into selling shares in a company that builds machines to clean up oil spills.

After a trial that lasted a little over two weeks in June, a jury deliberated for less than two hours before returning their verdict in favour of Kevin.

This week US District Court Judge Martin Feldman was unimpressed by Stephen's motion to try the case again, as the actor presented most of the same evidence that was declared inadmissible in the first trial.

Stephen alleged that Kevin and his business partner had knowledge that the company was about to ink a deal to sell equipment to help in the BP oil disaster and didn't tell him about it.

Without knowing about the impending windfall, Stephen sold his shares back to the company.

Kevin's company apparently made $52 million from the deal with BP and Stephen wanted to be compensated to the tune of $21 million.

© Cover Media

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk

Nightlife Galleries

More

Latest Entertainment News

Latest Music News

Latest Film & TV News

Latest Eating Out News

Horoscopes

Your Horoscopes by Russell Grant

Aquarius:

A cherished dream is elusive. It will be best to change gear, at least for the immediate future. Pursue a moneymaking opportunity with creative appeal. Getting paid to exercise your imagination will lift your spirits. By the time you finish this assignment, you may be in better condition to pursue your primary goal. A brilliant idea for operating on a shoestring budget will come. At that point, nothing will stand between you and success. Stay calm and take things one step at a time.More