That's what Bilbo Baggins Hates.

"The Tolkien trustees do not file lawsuits lightly, and have tried unsuccessfully to resolve their claims out of court," Steven Maier, an attorney for the Tolkien estate based in Britain, said in a statement. 'New Line has not paid the plaintiffs even one penny of its contractual share of gross receipts despite the billions of dollars of gross revenue generated by these wildly successful motion pictures.'" Uh oh. The Tolkien estate sues New Line Cinema, putting the potential Hobbit films at risk. "The plaintiffs seek more than $150 million in compensatory damages, unspecified punitive damages and a court order giving the Tolkien estate the right to terminate any rights New Line may have to make films based on other works by the author, including 'The Hobbit.'" Obviously, this thing has to go to trial, but in light of PJ's earlier suit, one has to wonder: What the hell has New Line been up to?