“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.
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