Quote:
Originally Posted by jwd
Some interesting points from reading the complaint filed by Lindsey.
They are all equal members. Band decisions are made by unanimous vote, not majority rules. Lindsey didn't vote himself out of FM. He's still a member, and rightfully so. So unless he did something so egregiously wrong, he's in.
He's laying claim to "FM". It's not just Mick and John's band, it's all five members' band. Due to the record of fact of what he has done for the "business" via songwriting, producing, performing, recording, directing and the commercial success the "business" has attained while doing so. Unless it can be proven that he should not legally be a member.
He's laying claim to not only 20 percent of the proceeds of the current tour, but any subsequent tour and all merchandising proceeds etc. Lindsey has a an invested stake in "FM" and should be compensated accordingly.
So Fleetwood Mac continues and pays Lindsey, or they dissolve. Unless they can prove him not to be a legal member of said partnership.
DAMN, this is going to get ugly. I firmly believe there will be no so called reunion of The Rumours Five ever. IT'S OVER!
|
LOL It's definitely gonna get ugly. I still don't see it going to court, but there could be one final reunion of the Rumours 5 if only to make back all of the money could lose ( and think about all the money they would make) if they don't at least break even on this one. Mick's child support, alimony and bankruptcy's alone. Maybe they can team up with The Eagles for a "Hell Refroze" tour?
Given the legal ramifications though, do they want to make more or less on this tour? Honestly I don't know???