Raging Bull 2 has been in the news ever since the prequel/sequel was announced almost a year ago. Things got serious when people realized actors were being cast, a budget was being set and this thing was actually happening.
The film is currently in production and now MGM, the company who owns the rights to the first Raging Bull directed by Martin Scorsese, is looking to not only halt production but also seek punitive damages "in an amount sufficient to punish the Raging Bull 2 defendants and to deter those who would commit of knowingly seek to profit from similar actions, now or in the future." In other words, they don't want anyone making another Raging Bull movie. Ever.
According to the studio, MGM has the right to first refusal for any sequels. The studio contends that author Jake LaMotta was not authorized to sell the rights unless he went to them first, which he didn't. Additionally, the studio claims the production is looking to boost its public awareness by riding on the coattails of the Oscar-winning Scorsese movie.
Raging Bull 2 stars William Forsythe in the Robert DeNiro role along with Joe Mantegna, Natasha Henstridge, Penelope Ann Miller, Tom Sizemore and Cloris Leachman.