While Zack Snyder's new film Watchmen won't be released in theaters until March 6 of next year, it seems the film could be embroiled in a legal studio battle. According to Variety, a judge has dismissed a motion from Warner Bros. to dismiss the lawsuit brought against them by 20th Century Fox over the rights to the Watchmen film.

The ruling is a huge victory for Fox, which may end up as being a profit participant in the film. Fox retained the rights to the graphic novel by Alan Moore and Dave Gibbons, which the studio originally purchased in 1991. When producer David Gordon picked up the option on the project out of turnaround in 1994, the judge ruled, he never excersised that option for Fox's remaining interest in the film, therefore, Fox's rights to the film should still be intact.

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Watchmen, directed by Zack Snyder, is currently set for release on March 6, 2009. We'll keep you posted on any details involving this lawsuit.