Settlement Reached in Ninn Worx_SR Legal Battle

SANTA BARBARA, Calif. — The legal battle pitting director Michael Ninn against Spearmint Rhino CEO John Gray and Ninn Worx_SR apparently has been settled.

Ninn, through his publicist on Monday, wouldn't comment on terms of the compromise to XBIZ, but a proposed settlement has been in the works since early October.

The trustee assigned to Ninn, whose Chapter 7 filing continues to wend through bankruptcy court, disclosed that Ninn will transfer equity of Ninn Worx_SR in return for various creative material once created by Ninn.

Specific details of the settlement weren't immediately available, but presumably the "creative material" includes the Ninn Worx_SR-backed movie "The Four."

Ninn Worx_SR was formed three years ago after Gray approached Ninn, who has directed more than 60 adult films in 18 years, with an offer to market and distribute Ninn’s films and finance production of future films, allegedly promising to grow the company from a $2 million studio to one that would see in excess of $20 million in sales.

Ninn sold his interest in Ninn Worx for $1,000 and a 49-percent share of the new company. In addition, Ninn Worx_SR paid off Ninn Worx accounts payable of about $221,000.

But a year later and shortly after a Ninn-directed movie called "The Four" wrapped, Ninn found himself locked out of his office, fired as Ninn Worx_SR CEO and unable to get Ninn Worx_SR to compensate him.

Gray and Ninn Worx_SR later filed a suit at Los Angeles Superior Court alleging that Ninn had breached his fiduciary duty by exceeding a budget relative to “The Four” and by not delivering a completed film.

Ninn later sued and countersued, alleging fraud, misrepresentation, rescission of an agreement and breach of fiduciary duty.

Ninn also was sued by Ninn Worx_SR over the use of his stage name and related Internet properties. In that suit, Ninn Worx_SR claimed Ninn began competing against the company, advertising the “Michael Ninn” mark and variations for competing products.

Gray declined to comment on the settlement to XBIZ on Tuesday.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Cherry Kiss, Derek Kage Cap AEBN's Top Stars for 4th Quarter of 2024

AEBN has revealed its most popular performers in gay and straight theaters for the fourth quarter of 2024.

A Golden Night in Hollywood: 2025 XMAs Shine on Adult Entertainment's Best

To paraphrase the unofficial U.S. Postal Service motto: Neither rain nor cold nor the chaos of natural disasters can stop members of the adult entertainment community from the completion of their appointed duty every January: to honor the artistic and commercial achievements of their peers.

What Changes in DC Could Mean for the Adult Industry

On November 5, 2024, American voters were called to the polls. The results of that election revealed an unquestionably uncomfortable truth for everyone, regardless of party or ideology: the “united” part of United States does not appear to be holding strong.

Byborg Acquires Gamma Entertainment

Luxembourg-based Byborg Enterprises SA has acquired 100% of Canadian adult conglomerate Gamma Entertainment.

Adult Creative Debuts 'Pornful' Website Management Platform

Web design and marketing firm Adult Creative has launched its new Pornful website management platform.

Mia Mi, Megan Murkovski & Mr. Lucky Star in Latest From Immoral

Mia Mi, Megan Murkovski and Mr. Lucky make their Immoral Productions debuts in a new trilogy alongside studio honcho “Porno Dan” Leal.

2025 XMA Winners Announced

Winners of the 2025 XMAs were revealed Sunday night during a ceremony hosted by Vanna Bardot and Ryan Reid at the world-famous Hollywood Palladium.

X3 Expo Day 2 Looks at the Industry's Past, and Ahead to Its Future

A gorgeous day in LA saw a massive procession making its way along Sunset Blvd., as hundreds of excited fans headed to the historic Hollywood Palladium for a rendezvous with the galaxy of A-list adult stars awaiting them on Day 2 of the 2025 X3 Expo.

X3 Expo Pops Off With All-Star Lineup

A wave of excited fans cascaded down Sunset Blvd., cresting and breaking with anticipation as they flowed into the historic Hollywood Palladium, where the A-list echelon of the adult world stood ready to greet them, pose with them, chat them up, and showcase the latest in spicy entertainment, as the 2025 X3 Expo popped off.

XBIZ Honors Uplifts Spirits Amid Challenging Times for LA and the Adult Industry

"A bunch of misfit toys." That’s how MojoHost founder Brad Mitchell described himself and his industry peers at the 2025 XBIZ Honors ceremony at Hollywood’s Kimpton Everly Hotel. Everyone cheered in agreement. Frankly, they wouldn’t have it any other way.

Show More