View Single Post
  #4  
Old 09-23-2009, 07:35 PM
michelej1 michelej1 is offline
Addicted Ledgie
 
Join Date: Aug 2003
Location: California
Posts: 25,975
Default

The Hollywood Reporter, Esq.

http://www.thresq.com/2009/04/fleetw...st-misses.html

Fleetwood Mac going its own way from lawyer
By Eriq Gardner, April 10, 2009

Fleetwood Mac says it got some very bad legal advice. So bad that band members now owe $4.5 million to the BBC in attorney's fees and want their own attorney to foot the bill.

The situation started innocently enough in 2003, when the band filed suit against the BBC in an attempt to protect distribution rights to rare musical recordings worth about $100 million, according to The National Law Journal.

They gave their lawyer, Paul McDonald of Bernstein Shur Sawyer & Nelson, an upfront fee of $250,000 and also agreed to further contingency fees.

The lawsuit against the BBC couldn't have gone worse. Two years later, BBC filed a countersuit against Fleetwood Mac's company, Bee Load, and won $150,000 in damages, which drove Bee Load into bankruptcy. But the kicker was when the court also made the band pay $4.5 million in attorney's fees under a British law called "Funders' Rule."

Now, drummer Mick Fleetwood has filed a lawsuit in Maine federal court against McDonald and the firm, saying the band asked its lawyer at the beginning of the case if they could be liable for BBC attorney's fees if they lost. McDonald allegedly answered, "No chance."
Reply With Quote