20th Century seeks a declaration pursuant to 28 U.S.C. § 2201 that defendants’ notices of termination are invalid.
There now exists between the parties an actual and justiciable controversy concerning the validity of Notice One and 20th Century’s and defendants’ respective rights.
Defendants’ notices fail to comply with these statutory requirements and are invalid as a matter of law.
This action is necessary because defendants are improperly attempting to prematurely terminate 20th Century’s rights to the Hunters Screenplay, at the very time that 20th Century is investing substantial time, money, and effort in developing another installment in its successful Predator franchise.