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Netflix can move forward with challenge to Fox's employment contracts, appeals court rules

A California appeals court on Friday affirmed a tribulation pass judgement on's determination to allow Netflix to move forward with counterclaims it made in 2016 in opposition to 20th Century Fox Film Corporation, consistent with The Hollywood Reporter. After two Fox FOXA, -Zero.20% executives left for Netflix NFLX, -1.01% Fox sued the streaming large, alleging the company was running a "brazen campaign to unlawfully target, recruit and poach valuable Fox executives by illegally inducing them to break their employment contracts with Fox to work at Netflix." Netflix countersued, alleging Fox was "facilitating and enforcing a system that restrains employee mobility, depresses compensation levels, and creates unlawful barriers to entry for Netflix and others competing in the film and television production business..." Fox came again with an anti-SLAPP movement, however a tribulation pass judgement on dominated that Netflix's cross-complaint will have to transfer forward, with which an appeals court on Friday agreed. California affiliate justice Lamar Baker wrote: "In our independent judgment, Netflix's cross-claims do not arise from Fox's prelitigation communications or litigation activity. Rather, Netflix's claims are predicated on Fox's business practices related to the fixed-term agreements." The case could doubtlessly create a new legal precedent, upending fixed-term offers throughout industries, legal mavens have said. Netflix shares are up 105.three% this 12 months, whilst 21st Century Fox shares are up 45.Zero% The S&P 500 SPX, +Zero.08% has risen 2.27% up to now this 12 months.