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Moritz Borman has accused fellow producers Derek Anderson and Victor Kubicek of fraud and breach of contract for not paying his producing fees, in legal papers filed at the Los Angeles Superior Court on Friday.
Borman alleged that he had arranged for the transfer of the Terminator rights to Anderson and Kubiceck, but would not have done so had he known that the duo had been sued previously for "swindling" other motion picture investors.
The suit claims: "Notwithstanding the fact that defendants obtained the substantial franchise rights and assets through Borman, Anderson and Kubicek failed to honour their assurances, representations and contractual obligations to Borman.
"Defendants' egregious fraud, bad faith conduct and refusal to abide by their contracts has led to the filing of this lawsuit."
Terminator Salvation, starring Christian Bale, is set for release on May 21 in the US and June 5 in the UK.
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