Dalton declared in a 2010 interview that the script was ready and "we were talking directors" before the project entered development hell caused by legal problems between Metro-Goldwyn-Mayer, parent company of the series' distributor United Artists, and Broccoli's Danjaq, owners of the "Bond" film rights. In 1990, MGM/UA was to be sold for $1.5 billion to Qintex, an Australian-American financial services company that had begun making television broadcast and entertainment purchases. When Qintex couldn't provide a $50 million letter of credit, the deal fell apart. A French company called Pathé Entertainment (unrelated to the French studio Pathé) quickly moved in to buy MGM/UA for $1.2 billion and merged the companies to create MGM-Pathé Communications. Pathé CEO Giancarlo Parretti intended to sell off the distribution rights of the studio's catalogue so he could collect advance payments to finance the buyout. This included international broadcasting rights to the 007 library at cut-rate prices, leading Danjaq to sue, alleging the licensing violated the "Bond" distribution agreements the company made with United Artists in 1962, while denying Danjaq a share of the profits. Countersuits were filed. When asked what he would do following resolution of the lawsuits, Dalton told Broccoli that it was unlikely that he would continue in the role.