http://movies.ign.com/articles/852/852192p1.html

Del Toro on Hobbit Lawsuit
UPDATED: Director talks to IGN.
by Chris Tilly and Stax

February 14, 2008 - Earlier this week, the estate of author J.R.R. 
Tolkien sued New Line Cinema over profits from the studio's 
Oscar-winning, blockbuster Lord of the Rings trilogy, a move that cast 
doubt on the possibility of their feature film adaptation of Tolkien's 
The Hobbit. The estate is seeking a court order giving them the right to 
terminate any rights New Line may have to make films based on other 
works by Tolkien, including The Hobbit.

Guillermo del Toro was in talks to direct both The Hobbit and a 
follow-up film when the suit was filed. IGN UK got the chance to speak 
with del Toro today about the project and the pending litigation.

"I hope it gets resolved and I hope it happens. I hope we get to do it, 
but so far it's not a reality. We are still in talks about it, so it's 
not a fact that we are set in stone to do it," del Toro told IGN. "This 
is a setback that is keenly timed I feel, but not necessarily on 
something that was a reality for me. So I cannot feel disappointed about 
something I'm yet to have."

Del Toro continued, "I would love to do it though. It would be a dream. 
But at the moment I am completely at the mercy of the forces of destiny. 
I'm finishing Hellboy II and then, obviously, I can do one of my smaller 
more obscure films. I'd be perfectly happy to do so - I will never, 
never chase a big project endlessly. Either it happens or I move on and 
do a small, tight-budget film on my own."


 
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