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Thread started 02/15/11 2:55pm

purplemookiebu
t

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prince needs a new accountant! seriously

The Irish Times - Monday, February 14, 2011

MCD pursues Prince for €2.2m through US court


RONAN McGREEVY

MCD PROMOTER Denis Desmond is pursuing Prince through the American courts to recover €2.2 million in damages which have not been paid.

Documents filed in the Central District of the Los Angeles Superior Court are seeking recognition of the High Court judgment given last year against Prince.

If judgment is granted, Mr Desmond will be able to target Prince’s assets, including his home, if he does not pay.

MCD is seeking interest payment of 8 per cent on the settlement, which would add another €176,000 to the total owed by Prince to the promoter, if he does make payment by March 26th.

Mr Desmond sued Prince when the temperamental superstar cancelled a concert in Croke Park scheduled for June 16th, 2008, just 13 days before it was due to take place.

A total of 55,000 tickets had been sold for the event. Prince never gave a reason for the cancellation and has never made a public comment about it.

The case went to the Commercial Courts in February last year and was settled after a four-day hearing. Prince agreed to pay €1.6 million in damages and a further €600,000 in legal costs to Mr Desmond.

However, Prince didn’t pay the money by the agreed date of March 10th last year. As a result, judgment was entered into against him followed by a European Enforcement Order Certificate, which allowed MCD to pursue Prince’s assets within the EU.

The documents, seen by The Irish Times , state that MCD has obtained preliminary attachment of approximately €692,000 held in Prince’s bank accounts in France and Portugal but have still not received any money.

Speaking after the judgment last year, Mr Desmond said Prince had been badly advised. “His own side says he is just not communicating. It is sad that an artist of the calibre of Prince has found himself in this position. He needs to surround himself with good advisers.”

[Edited 2/15/11 18:17pm]

yoda i don't wear a cross?!!? i wear a prince symbol prince guitar wacky nutty I When Prince's cum dries, diamonds are formed. lol eek drooling no one tops prince in concert!
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Reply #1 posted 02/15/11 3:04pm

NouveauDance

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lulz.

New tour dates and album incoming!

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Reply #2 posted 02/15/11 3:06pm

TheDigitalGard
ener

NouveauDance said:

lulz.

New tour dates and album incoming!

lol Looks like it.

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Reply #3 posted 02/15/11 3:18pm

Maytiana

NouveauDance said:

lulz.

New tour dates and album incoming!

Maybe he's making Misty into a singer and will promote her album on tour...Yay! dancing jig

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Reply #4 posted 02/15/11 3:29pm

Spinlight

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Man, where's laurarichardson to angrily defend Prince now.

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Reply #5 posted 02/15/11 4:16pm

SagsWay2low

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Well, I guess we'll either get some off-hand crappy release or a tour of rehashed hits.

Did he make a load of money off of Lotusflow3r and 20Ten? How is he always in these situations?

I know he's an asshole, but surely the man can't be stupid.



You're a real fucker. You act like you own this place--ParanoidAndroid <-- about as witty as this princess gets! lol
I hope everyone pays more attention to Sags posts--sweething mushy

Jesus weeps disbelief
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Reply #6 posted 02/15/11 4:26pm

purplemookiebu
t

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little man just donated how much to charity but doesn't pay his taxes and concert promoters on time? i don't get it.

yoda i don't wear a cross?!!? i wear a prince symbol prince guitar wacky nutty I When Prince's cum dries, diamonds are formed. lol eek drooling no one tops prince in concert!
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Reply #7 posted 02/15/11 4:33pm

jwsullivan

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A new account or a new accountant?

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Reply #8 posted 02/15/11 4:50pm

electricberet

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Let's not jump to conclusions. There could be a reason why they haven't gotten their money. Maybe he signed the check with the love symbol, forgetting that he has changed his name back to Prince, and the Irish bank wouldn't cash it.

The Census Bureau estimates that there are 2,518 American Indians and Alaska Natives currently living in the city of Long Beach.
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Reply #9 posted 02/15/11 4:53pm

DoffieParker

i expect he does what i do & hope the baliffs fuck off lol

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Reply #10 posted 02/15/11 4:58pm

Genesia

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You're late.

http://prince.org/msg/12/352873

Edit: internal linking is broken. Please cut and paste.

[Edited 2/15/11 17:07pm]

We don’t mourn artists because we knew them. We mourn them because they helped us know ourselves.
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Reply #11 posted 02/15/11 5:04pm

incredibleD

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Genesia said:

You're late.

http://prince.org/msg/12/352873

When I click on that link above, I get to http://prince.org/msg/5001/12... (a Chaka Khan interview...)

Get sexy sex, get funky at... The ORANGE Park - Funky President, people, it's bad!
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Reply #12 posted 02/15/11 5:05pm

incredibleD

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Spinlight said:

Man, where's laurarichardson to angrily defend Prince now.

prince.org/msg/12/352873#msg_7893320

[Edited 2/15/11 17:07pm]

Get sexy sex, get funky at... The ORANGE Park - Funky President, people, it's bad!
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Reply #13 posted 02/15/11 5:06pm

Genesia

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incredibleD said:

Genesia said:

You're late.

http://prince.org/msg/12/352873

When I click on that link above, I get to http://prince.org/msg/5001/12... (a Chaka Khan interview...)

The internal link system isn't working. If you cut and paste the URL, it takes you to the correct thread.

We don’t mourn artists because we knew them. We mourn them because they helped us know ourselves.
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Reply #14 posted 02/15/11 5:13pm

eyewishuheaven

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"Tell the cat to chill. We'll work something out." razz

REMASTERS NOW!!!!!

[EDIT: 'Ronan McGreevy', what a name... didn't he used to go out with Cloreen Baconskin? lol ]

[Edited 2/15/11 17:15pm]

PRINCE: the only man who could wear high heels and makeup and STILL steal your woman!
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Reply #15 posted 02/15/11 5:23pm

electricberet

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Genesia said:

incredibleD said:

When I click on that link above, I get to http://prince.org/msg/5001/12... (a Chaka Khan interview...)

The internal link system isn't working. If you cut and paste the URL, it takes you to the correct thread.

Try this:

http://prince.org/msg/12/352873

The Census Bureau estimates that there are 2,518 American Indians and Alaska Natives currently living in the city of Long Beach.
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Reply #16 posted 02/15/11 6:04pm

laurarichardso
n

Spinlight said:

Man, where's laurarichardson to angrily defend Prince now.

I am on the other thread and I am never angry. P does not need a new account or advisors he knows he owes the money he just does not plan to pay it. He has a history of keeping these kinds of matters going for yeas. He never paid the guy that Big Chick beat up back in 1984 the suit dragged on for almost a decade until the guy dropped it. We know he has the money he just does not want to pay

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Reply #17 posted 02/15/11 6:18pm

purplemookiebu
t

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jwsullivan said:

A new account or a new accountant?

fixed it. i just noticed it. duh

yoda i don't wear a cross?!!? i wear a prince symbol prince guitar wacky nutty I When Prince's cum dries, diamonds are formed. lol eek drooling no one tops prince in concert!
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Reply #18 posted 02/15/11 6:33pm

jpnyc

SagsWay2low said:

Well, I guess we'll either get some off-hand crappy release or a tour of rehashed hits.

Did he make a load of money off of Lotusflow3r and 20Ten? How is he always in these situations?

I know he's an asshole, but surely the man can't be stupid.

We should start a betting pool on what he’ll do to scrounge up cash. A national tour? Another residency in London? Releasing 20Ten deluxe through another club that charges $2010 in exchange for VIP seats at a concert that never happens?

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Reply #19 posted 02/15/11 6:45pm

Maytiana

purplemookiebut said:

jwsullivan said:

A new account or a new accountant?

fixed it. i just noticed it. duh

At first when it read "account", I thought Prince was on the org.... lol

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Reply #20 posted 02/15/11 7:07pm

rbrpm

Dam here we go again big p! Pay ur bills dude!biggrin

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Reply #21 posted 02/15/11 8:05pm

HatrinaHaterwi
tz

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electricberet said:

Let's not jump to conclusions. There could be a reason why they haven't gotten their money. Maybe he signed the check with the love symbol, forgetting that he has changed his name back to Prince, and the Irish bank wouldn't cash it.

falloff

Here's what bothers ME:

Prince died of an overdose of the drug Fentanyl. Of which, it is very highly fucking likely that he never even knew he'd taken.
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Reply #22 posted 02/15/11 8:26pm

HatrinaHaterwi
tz

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purplemookiebut said:

little man just donated how much to charity but doesn't pay his taxes and concert promoters on time? i don't get it.

LOL! They haven't got it...yet! giggle

Here's what bothers ME:

Prince died of an overdose of the drug Fentanyl. Of which, it is very highly fucking likely that he never even knew he'd taken.
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Reply #23 posted 02/15/11 8:44pm

Spinlight

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Does this motherfucker pay any bills, though? For real.

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Reply #24 posted 02/15/11 8:54pm

hhhhdmt

hope prince pays this back very quickly
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Reply #25 posted 02/15/11 11:12pm

DaphneLovesPR1
NCE

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Ok really, why in the world would he cancel that concert in the first place?!?!?! 55,000 tickets sold? Prince, babe, what were you thinking? Then you probably get off easy with the 1.5million settlement and you still don't pay? C'mon...I really need to volunteer my accounting services to P. I hope he clears this mess up. I really wish he'd go and do a concert to make things up to the fans..

Prince is GORGEOUS. I'm inspired. GOD is GREAT. Is there anything else to say? lol
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Reply #26 posted 02/16/11 3:29am

catpark

DoffieParker said:

i expect he does what i do & hope the baliffs fuck off lol

lol He better not or he could end up like this in 10 yrs time!

Prince with a social worker lol

FUNKNROLL! dancing jig "February 2014, wow". 'dre. nod
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Reply #27 posted 02/16/11 3:42am

blackbob

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catpark said:

DoffieParker said:

i expect he does what i do & hope the baliffs fuck off lol

lol He better not or he could end up like this in 10 yrs time!

Prince with a social worker lol

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.

lol ...funny stuff....prince on the street with a glaswegian accent...

.

.

oh jamie jamie jamie....dont do what i did...dont release two triple albums within a 8 month period.....dont write slave on your face...people just think your do - lally... biggrin

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Reply #28 posted 02/16/11 3:51am

KoolEaze

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lol

Spinlight said:

Man, where's laurarichardson to angrily defend Prince now.

" I´d rather be a stank ass hoe because I´m not stupid. Oh my goodness! I got more drugs! I´m always funny dude...I´m hilarious! Are we gonna smoke?"




http://kooleasehvac.com/
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Reply #29 posted 02/16/11 4:10am

catpark

blackbob said:

catpark said:

lol He better not or he could end up like this in 10 yrs time!

Prince with a social worker lol

.

.

lol ...funny stuff....prince on the street with a glaswegian accent...

.

.

oh jamie jamie jamie....dont do what i did...dont release two triple albums within a 8 month period.....dont write slave on your face...people just think your do - lally... biggrin

falloff

FUNKNROLL! dancing jig "February 2014, wow". 'dre. nod
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