Lawyers linked to Panama Papers seek to stop Netflix's "Laundromat"

Carla Harmon
October 17, 2019

Jürgen Mossack and Ramón Fonseca, the founders of the Panama law firm that creamed multi-millions from businessmen, politicians, sportsmen and celebrities seeking to avoid taxes through offshore front companies are now seeking their biggest haul, a $10 billion lawsuit against Netflix.

Meryl Streep's character in "The Laundromat" is fictional. It stars Gary Oldman as Mossack and Antonio Banderas as Fonseca, as well as Meryl Streep.

The Steven Soderbergh helmed film is based on The Panama Papers.

Netflix say Mossack Fonseca's lawsuit should be dismissed because it's a last minute attempt to stifle free speech and that the lawsuit both fails to show malice on the part of Netflix or demonstrate how Mossack Fonseca will face irreparable harm from the release of the film.

Netflix is set to release the movie Friday, after it had a limited release in theaters. US prosecutors said the schemes involved sham foundations and shell companies.

The lawsuit (obtainable here) claims the legal professionals had been allegedly solid falsely as criminals, stating they're painted as "villains making the numerous loss of life of 20 of us killed in the diminutive city boat tour".

Jurgen Mossack and Ramon Fonseca, the principals of Mossack Fonseca, allege that the film defames them and uses their firm's logo without authorization. US authorities have alleged the Mossack Fonseca law firm conspired to circumvent federal laws to maintain the wealth of its clients and hide tax dollars owed to the IRS.

As you may have guessed from the movie's name and the lawsuit, The Laundromat isn't exactly going to paint Mossack Fonseca in the prettiest of lights.

The suit, which seeks injunctive relief, unspecified damages and attorneys' fees, also accuses the movie of interfering with the lawyers' right to a fair trial in the USA, where they are under investigation by the FBI. They also said it could subject them to increased scrutiny by Panamanian authorities.

James Healy, a lawyer for the streaming service, wrote in court documents that the case should be thrown out because there are no valid reasons for the lawsuit to have been filed in CT.

At the very least, Healy said, the case should be transferred to California.

When the Panama Papers came out back in 2016, some incredibly unscrupulous business dealings were laid bare for all to see.

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