Eugene DeMarco used to manage the vintage plane company of filmmakers Peter Jackson and Fran Walsh. (File photo)A specialist vintage plane pilot who has fallen out with his former employer, filmmaker Peter Jackson, has offered $5 to settle a real estate debt of more than $320,000. Ross Giblin/Stuff Movie mogul Peter Jackson, and other parties, have a civil case pending against DeMarco. The couple began bankruptcy proceedings against DeMarco when the debt, which included the deposit, consequential losses and significant legal costs, was not paid. The civil proceedings arose out of the same circumstances that led to DeMarco being sentenced to two years and five months’ jail on fraud charges.

Source: Stuff July 08, 2021 05:26 UTC