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Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
The root of the lawyer/client dispute was established 60 years ago, when Beach Boys band members Brian Wilson and Mike Love began co-writing such group hits as "I Get Around," "Help Me, Rhonda" and "California Girls." In 1989, Wilson sued Almo Irving Music over rights to dozens of these songs that the music publisher had procured in 1969 from Brian's father and Beach Boys manager Murry Wilson, who owned the music group's Sea of Tunes song catalog. Wilson won a $10 million settlement in the Almo Irving litigation.
Mike Love, who hadn't been formally credited as a co-author for songs he worked on with Wilson, then sued Wilson and Almo Irving, resulting in a 1994 jury verdict and parties' settlement agreement that gave Love $5 million, as well as co-writer credit and future songwriting royalties on 35 compositions.
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Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
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Blockchain Domains: New Developments for Brand Owners
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Supreme Court Rules Rejection of Trademark License Does Not Rescind Rights of Licensee
Mission Product Holdings, Inc. v. Tempnology, LLC The question is whether a debtor's rejection of its agreement granting a license "terminates rights of the licensee that would survive the licensor's breach under applicable nonbankruptcy law."