On November 12, 1975, Universal announced it would start production on "The Legend of King Kong" on January 5, 1976 with Bo Goldman writing the screenplay based on the novelization by Lovelace. On November 20, RKO-General countersued Universal for $5 million alleging that "The Legend of King Kong" was an infringement on their copyright, and asked the court to prevent any "announcements, representations, and statements" on their proposed film. On December 4, De Laurentiis countersued for $90 million with charges of copyright infringement and "unfair competition". In January 1976, both studios agreed to withdraw their legal suits filed against each other. Universal agreed to cancel "The Legend of King Kong", but intended to proceed with a remake sometime in the future although on the condition to release it eighteen months after De Laurentiis's remake. In September 1976, a federal judge ruled in favor of Universal that Lovelace's novelization had fallen into public domain which cleared the studio to produce a remake. Universal would later make its own remake, also titled "King Kong" in 2005.