Back in May, director Kevin Smith revealed that he was working with MGM on a television adaptation of the 1984 cult classic The Adventures of Buckaroo Banzai Across the 8th Dimension! However, on Monday, Smith stated in a new online video that he's walking away from the project after learning that MGM has filed a lawsuit against its original creators, Earl Mac Rauch and W.D. Richter. According to the lawsuit, Rauch and Richter "have asserted in multiple letters that they, not Plaintiffs, supposedly own the exclusive right to produce and distribute a Buckaroo Banzai television series." In his video, Smith states, "I am no longer involved. I don't wish anyone harm. I wish all parties well. I hope those dudes come to an agreement."