“Elvis Presley Enterprises, which owns a 50% interest in the King’s compositions, is suing music publisher Chrysalis Music Group, claiming as much as $5 million in owed royalty payments.
In a lawsuit filed last week in New York Supreme Court, EPE says that Chrysalis has breached an agreement by failing to properly collect, account for and pay it owed money. EPE says that Chrysalis has improperly “co-mingled” its funds with other accounts. . .” THR, Esq.
See the complaint filed here.
The FASHIONENTLAW Blog features legal insights, commentary, and analysis on contracts, intellectual property, business disputes, media, fashion, entertainment, and emerging issues shaping the creative industries.
Authored by Uduak Oduok (Ms. Uduak), a California Fashion & Entertainment Lawyer with over 24 years of legal experience, the blog is designed for informational purposes only and does not constitute legal advice or create an attorney-client relationship.
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