laurarichardson said:

ISaidLifeIsJustAGame said:

Laurarichardson, the February 8, 2017 hearing is about Phaedra's Petition.

The Judge already ruled that a co-Representative would not be appointed.

There is a current transistion between Bremer and Comerica.

I doubt if Comerica will keep Londell on as an entertainment expert since Omarr and Tyka do not want him working on the Estate.

Londell may be tying up loose ends on projects he was working on under Bremer but I believe his days are numbered for his work on the Estate.

--If he is going why is he still tweeting about pending business arrangements when that was one of the things they wanted him to stop doing. He is still acting as if he is the top dog.

-

It’s all PR. He’s just setting himself up to look like top dog and in charge while he hunts for his next client…uuummmmm victim.

laurarichardson said:

ISaidLifeIsJustAGame said:

Laurarichardson, the February 8, 2017 hearing is about Phaedra's Petition.

The Judge already ruled that a co-Representative would not be appointed.

There is a current transistion between Bremer and Comerica.

I doubt if Comerica will keep Londell on as an entertainment expert since Omarr and Tyka do not want him working on the Estate.

Londell may be tying up loose ends on projects he was working on under Bremer but I believe his days are numbered for his work on the Estate.

--If he is going why is he still tweeting about pending business arrangements when that was one of the things they wanted him to stop doing. He is still acting as if he is the top dog.

He has been called out and is gonna save face as long as he can and those who don't know better will listen. Those who have read the court documents know his time is just about up. I don't know what he did or didn't do, but I do believe Tyka and Omarr had reason to call his ass out. He has a lot to lose not being kept on as co-personal administrator. I think the judge made the right decision. There was some shady shit going on it seems and hopefully we will hear all about it.

1Sasha said:

This is why they need top notch representation. Please call Irving Azoff. Please Family. Please. Buy the experience you need to honor and preserve Prince's legacy, which is his music.

Iriving's company is working with the estate collecting performance royatlies and radio fees.

Irving is very big on artist rights and supposely was in talks with Prince before his death.

Irving also had some involvement in getting the tribute concert off the ground. I hope the new back reaches out to him. He sounds like someone who know how to go after the money and get things done.

So I get that the judge ruled that ROC Nation filed their creditors claim in time, but I don't get the outcome of whether or not ROC Nation has streaming rights to P's entire catalog. He seems that Prince allegedly signed an agreement under his own name, not NPG, with some company in the Cayman Islands (which sounds fishy to me) giving ROC Nation streaming rights to all of his music. Can you legal eagles clarify this document. THX
http://www.mncourts.gov/m...ment_2.pdf

tmo1965 said:

So I get that the judge ruled that ROC Nation filed their creditors claim in time, but I don't get the outcome of whether or not ROC Nation has streaming rights to P's entire catalog. He seems that Prince allegedly signed an agreement under his own name, not NPG, with some company in the Cayman Islands (which sounds fishy to me) giving ROC Nation streaming rights to all of his music. Can you legal eagles clarify this document. THX
http://www.mncourts.gov/m...ment_2.pdf

The streaming rights have yet to be determined.

The Judge said that will be determined at a later date in the Probate case or in the Federal

copyright infringement case.

The Judge only ruled Roc Nation filed a timely claim against the Estate.

[Edited 1/31/17 12:07pm]

ISaidLifeIsJustAGame said:

laurarichardson said:

ISaidLifeIsJustAGame said:

The streaming rights have yet to be determined.

The Judge said that will be determined at a later date in the Probate case or in the Federal

copyright infringement case.

The Judge only ruled Roc Nation filed a timely claim against the Estate.

[Edited 1/31/17 12:07pm]

--- What do you make of the Pathway/ Prince contract obviously the court knows that Pathway is subsidiary of Tidal and Equity Term Agreement leads me to think Prince had some equity in this subsidiary of Tidal. How will this effect the songs that are in the LLC and could this be the reason we only saw some catalogue songs on the inventory sheet? Could it be the reason certain titles disappeared from Tidal and the Sportify deal is only mentioning WB songs? Where did Tidal send those payments in April and November that Breamer said were never sent? Did the payments go to a bank in the Cayman Islands? Why was Prince working around his LlC and Phedra? [Edited 1/31/17 13:48pm] [Edited 1/31/17 13:49pm]

Very good questions. I also noticed in the documents that Prince had to provide the masters and artwork. Does that mean Roc Nation owns the master to Phase I and II? Had to get that out there.

Bremer claims there is not record of payment per their arguement.I would imagine that Roc Nation has the burden to proof the payments were made and to what account/s.

I wonder if Prince signed it as Prince, not on behalf of NPG Music was to ensure that Prince's past catalogue was not tied to the deal? Just Phase I and II. Speculation.

Perhaps the spotify deal with WB tracks was made since there is ongoing litigation with Phase I and II?

I got an inclination from the Judge's language that the past catalogue was not privy to the deal and Roc Nation did not have rights to stream it. I could be reading more into it to be honest.

Overall, I do not think that the claim of Tidal not being dismissed is a bad thing. Once the advances are recouped by Tidal for Phase I are recouped, or maximum 6 years expire, then the deal is over. Bremer, dropped the ball on this claim.

I think the big issue is the copyright infringement (streaming of the past catalogue). The denial of Roc Nation to future deals, distribution and so forth is somewhat foretelling.

nelcp777 said:

laurarichardson said:

ISaidLifeIsJustAGame said: --- What do you make of the Pathway/ Prince contract obviously the court knows that Pathway is subsidiary of Tidal and Equity Term Agreement leads me to think Prince had some equity in this subsidiary of Tidal. How will this effect the songs that are in the LLC and could this be the reason we only saw some catalogue songs on the inventory sheet? Could it be the reason certain titles disappeared from Tidal and the Sportify deal is only mentioning WB songs? Where did Tidal send those payments in April and November that Breamer said were never sent? Did the payments go to a bank in the Cayman Islands? Why was Prince working around his LlC and Phedra? [Edited 1/31/17 13:48pm] [Edited 1/31/17 13:49pm]

Very good questions. I also noticed in the documents that Prince had to provide the masters and artwork. Does that mean Roc Nation owns the master to Phase I and II? Had to get that out there.

Bremer claims there is not record of payment per their arguement.I would imagine that Roc Nation has the burden to proof the payments were made and to what account/s.

I wonder if Prince signed it as Prince, not on behalf of NPG Music was to ensure that Prince's past catalogue was not tied to the deal? Just Phase I and II. Speculation.

Perhaps the spotify deal with WB tracks was made since there is ongoing litigation with Phase I and II?

I got an inclination from the Judge's language that the past catalogue was not privy to the deal and Roc Nation did not have rights to stream it. I could be reading more into it to be honest.

Overall, I do not think that the claim of Tidal not being dismissed is a bad thing. Once the advances are recouped by Tidal for Phase I are recouped, or maximum 6 years expire, then the deal is over. Bremer, dropped the ball on this claim.

I think the big issue is the copyright infringement (streaming of the past catalogue). The denial of Roc Nation to future deals, distribution and so forth is somewhat foretelling.

The bit about the masters and art work stood out to me also. Maybe Roc Nation would only have control of the masters for the length of the contract. That would make sense. We all know that Prince faught tooth and nail to get control of his masters. I can't imagine him signing anymore of his work over to anyone else.

Estate Question (although unrelated to the Roc Nation discussion)

.

P had millions of dollars worth of property owned by the love4oneanother charity. That property now goes to whom? Who now owns all that property today (especially since L4OA has been disqualified as a legal charity by the IRS since 2007 when he stopped filing tax returns for the charity)? Does the state of MN now own it all?

.

Sorry if this has been answered, I did search but couldn't find the answer.

rogifan said:

http://www.startribune.com/prince-s-music-may-soon-be-unlocked-on-spotify-and-other-streaming-sites/412307703/

The Minneapolis Star Tribune is reporting that P's material may be available soon on Spotify and other online streaming sites.

DD55 said:

Estate Question (although unrelated to the Roc Nation discussion)

.

P had millions of dollars worth of property owned by the love4oneanother charity. That property now goes to whom? Who now owns all that property today (especially since L4OA has been disqualified as a legal charity by the IRS since 2007 when he stopped filing tax returns for the charity)? Does the state of MN now own it all?

.

Sorry if this has been answered, I did search but couldn't find the answer.

I'm not sure but I think the IRS would make you transfer any charity assets to another qualified charity?

All I know is CrookedCousins sold the church P bought for the L4OA charity right under the nose of Bremer Trust. Tyka and Omarr are livid about this, and I think this is why the Estate issued a subpoena to CrookedCousins.

DD55 said:

Estate Question (although unrelated to the Roc Nation discussion)

.

P had millions of dollars worth of property owned by the love4oneanother charity. That property now goes to whom? Who now owns all that property today (especially since L4OA has been disqualified as a legal charity by the IRS since 2007 when he stopped filing tax returns for the charity)? Does the state of MN now own it all?

.

Sorry if this has been answered, I did search but couldn't find the answer.

None of the properties belonged to L40A except the one Patrick Cousins stole.

The properties belonged to Prince or NPG Inc.

The properties are a part of the estate and proceeds from the sale go to the estate and later to the heirs.

rogifan said:

If Van and Phedra were so great for Prince why is this whole Tidal thing such a mess? Did he do stuff without their knowledge? If so I wonder why?

I think they may be our jublient judas's and I think he may have found out something about these two remember at the court hearing Van said he stopped working for P eight days before he died.

Was his tenure coming to an end and why. If Apples knows anything I wish she would just come out and say it. At this point it could just be people working for him stealing and who knows what doors that could open.

[Edited 1/31/17 17:56pm]

1Sasha said:

DD55 said:

1Sasha said:

laurarichardson said:

sonshine said:

1Sasha said:

Don't tell me these were the people Apples said he warned her about.

How much could she realistically know? Were they even close in recent years? Was she part of his inner, or even outer, circle anymore? Consider the source is all I'm sayin.

laytonian said:

sonshine said:

Van stopped working for Prince eight days before the 20/21? This was in the middle between Prince seeing Dr. S for the first time and the Moline incident. I think Prince's footsteps for those two weeks need to be retraced. I am sure the investigators have done that, but I didn't watch VJ's testimony so I didn't know about the eight days. So if he stopped working for/with Prince, then Prince's money wouldn't be flowing to his causes. I don't remember him ever saying on TV, while he was crying for his friend, that he actually no longer worked for/with him. Is there anyone willing to speak on the record about all of this, and not couch it in the "you don't know everything" cliche?

One other thing: after Prince passed away, a report in the media said that a donation of over $30 million to a Bay Area non-profit had been made, and the rumor was that it came from Prince. Did anyone here ever see confirmation of that? The non-profit said it never reveals the names of its donors, but ... That was a huge chunk of change for someone who had just over $100K in cash in one account and about $900K in gold in PP at the time of his death (among many other holdings). How could that be cashed out of his assets? Just speculating here.

1Sasha said:

1Sasha said:

One other thing: after Prince passed away, a report in the media said that a donation of over $30 million to a Bay Area non-profit had been made, and the rumor was that it came from Prince. Did anyone here ever see confirmation of that? The non-profit said it never reveals the names of its donors, but ... That was a huge chunk of change for someone who had just over $100K in cash in one account and about $900K in gold in PP at the time of his death (among many other holdings). How could that be cashed out of his assets? Just speculating here.

The cash he had does not matter. He had significant Real Estate holdings. High net individuals do not keep hoards of cash on hand and remember his corporations had about 15 million. He was the sole shareholder in the those corporations. We also do not know what account the money from Tidal went to as now they are saying they made four payments and this business transaction took place in the Caymans. I believe Prince had other accounts that Breamer was not able to locate.

For instances were did the money from the Piano and Mike shows go. He sold out the Oracle arena with some tickets going for a few hundred dollars.

I also think that he may have placed some money is trust long ago which would not be a part of the estate and we will never know anything about. Not so sure he donated 30 mil to one charity because that did seem to be his method of operation.

I would have liked to see more cash, which leads me to agree with you that money could have been stashed elsewhere.

1Sasha said:

rogifan said: