Now Jeff Kwatinetz is Suing Prospect Park and The Company's Investor!

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One Life to Live's fictional legal eagle Tea Delgado would be able to retire to a nice villa in Puerto Rico, if she had a client as litigious as Jeff Kwatinetz! On the heels of Prospect Park amending their lawsuit against Disney-ABC to the tune of $125 million, comes a report fromDeadlineabout Kwatinetz suing both Prospect Park and ABRY, the investment type folks who put up the cash to reboot All My Children and One Life to Live! I can't...

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Here's an excerpt from Deadline's report:

The producer and talent manager is seeking a declaratory judgment over non-compete clauses in a December 31, 2012 employment agreement he signed with Prospect Park when the Boston-based investors came on board late last year

And for how the two beloved sudsers factor in to this latest source material for a future entertainment law class syllabus:

The catalyst of the complaint was a difference of opinion that Kwatinetz has with ABRY over the direction of the company, sources tell me. Specially, that disagreement has to do with the future of AMC and OLTL and whether they will continue or not. Kwatinetz was advocating the continuation of the two series.

It's so sad Agnes Nixon's iconic serials will now be forever associated with such tacky tomfoolery and hijinks; epecially when the whole "soaps are dying" talk has been all but squashed by ratings upswings for the four remaining daytime serials.