Shortly before the film's release, Universal Pictures filed suit against the producers, claiming the film plagiarized Jaws (1975), and the Australian distributors, for breach of copyright regarding Peter Benchley's book "Jaws". Universal won an injunction, and the film was pulled from theaters.
The video was released in Japan as "Jaws Returns", a supposed "sequel" to Jaws (1975). The box cover art contains the same Jaws font and logo used on all promotional materials for the Steven Spielberg film.
Jaws (1975) was titled "Tubarão" in Brazil, so this film was released in Brazil as "O Último Tubarão". Hordes of teens who'd grown up watching edited versions of the Roy Scheider flick on TV rushed to the theaters to watch what seemed to be a part of the saga.