independent and unofficial
Prince fan community site
Sat 21st Sep 2019 5:02am
Welcome! Sign up or enter username and password to remember me
Forum jump
Forums > Prince: Music and More > The Estate Discussion - Part 12 - Continued
« Previous topic  Next topic »
Page 4 of 11 <123456789>Last »
  New topic   Printable     (Log in to 'subscribe' to this topic)
Reply #90 posted 01/19/18 7:11am

rogifan

Def Leppard worked out a deal with Universal and their back catalog is now on streaming services. The Estate needs to hurry up and get 1994 - 2013 music on iTunes and all streaming services. Quit dithering around.

http://teamrock.com/news/...eland-tour
[Edited 1/19/18 7:24am]
Paisley Park is in your heart
#PrinceForever 💜
  - E-mail - orgNote - Report post to moderator
Reply #91 posted 01/19/18 7:18am

laurarichardso
n

rogifan said:

Def Leppars worked out a deal with Universal and their back catalog is now on streaming services. The Estate needs to hurry up and get 1994 - 2013 music on iTunes and all streaming services. Quit dithering around. http://teamrock.com/news/...eland-tour

The estate said in the court docs they had five deals on the table. You realize that post 96 material is currently on Tidal and last we heard a settlement was being worked on.

So I am sure we will see something soon or maybe when the Tidal deal ends.

  - E-mail - orgNote - Report post to moderator
Reply #92 posted 01/19/18 1:18pm

cloveringold85

avatar

PennyPurple said:

cloveringold85 said:

lol

http://minnlawyer.com/201...r-returns/

lol

.

She further claims that a will exists naming her sole legal heir of the late Prince Rogers Nelson, but has yet to produce it. She did however, produce an alternative document as proof that Prince sacrificed his life for her. It contains the lyrics to “I Would Die for U.” (Elliott says she co-wrote that one.)

.

lol

lol

.

We gotta find some humor in all of this mess!! lol

"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016)
  - E-mail - orgNote - Report post to moderator
Reply #93 posted 01/19/18 1:19pm

cloveringold85

avatar

laurarichardson said:

TheEquilizer said:

You called, whatchoo need Mumz?

We need to know why your homeboy is making a jackass out of himself with his lies. The attorney who reviewed his work certainly did not find his work to have done much of anything for the estate. It is in writing for all the works to see it is just that he got those 3 chowder heads to nod along with his bull.

.

You crack me up, Laura! You have the best lines here on The Org! You are funny, even when you aren't trying to be!! lol lol

"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016)
  - E-mail - orgNote - Report post to moderator
Reply #94 posted 01/19/18 5:07pm

laurarichardso
n

cloveringold85 said:

laurarichardson said:

TheEquilizer said: We need to know why your homeboy is making a jackass out of himself with his lies. The attorney who reviewed his work certainly did not find his work to have done much of anything for the estate. It is in writing for all the works to see it is just that he got those 3 chowder heads to nod along with his bull.

.

You crack me up, Laura! You have the best lines here on The Org! You are funny, even when you aren't trying to be!! lol lol

Thank you. If you watch the interview on the Breakfast Club those 3 fools just nod while Lonnie talks a bunch of bull.

  - E-mail - orgNote - Report post to moderator
Reply #95 posted 01/19/18 5:09pm

laurarichardso
n

Stumbled across this from the big bill from last year. I wonder what is going on with the Vanity Sixx trademark.

02/27/17 0.20 Updated database record with new case scheduling order deadlines from VANITY 6 opposition. Rhonda Trotter

  - E-mail - orgNote - Report post to moderator
Reply #96 posted 01/20/18 12:39pm

Mumio

avatar

laurarichardson said:

Stumbled across this from the big bill from last year. I wonder what is going on with the Vanity Sixx trademark.

02/27/17 0.20 Updated database record with new case scheduling order deadlines from VANITY 6 opposition. Rhonda Trotter



Where did you find that Laura? Would appreciate a link please if you wouldn't mind passing it along.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
  - E-mail - orgNote - Report post to moderator
Reply #97 posted 01/20/18 12:54pm

cloveringold85

avatar

laurarichardson said:

Stumbled across this from the big bill from last year. I wonder what is going on with the Vanity Sixx trademark.

02/27/17 0.20 Updated database record with new case scheduling order deadlines from VANITY 6 opposition. Rhonda Trotter

.

That's odd. I wonder what that's all about? eek

"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016)
  - E-mail - orgNote - Report post to moderator
Reply #98 posted 01/20/18 3:08pm

laurarichardso
n

Mumio said:

laurarichardson said:

Stumbled across this from the big bill from last year. I wonder what is going on with the Vanity Sixx trademark.

02/27/17 0.20 Updated database record with new case scheduling order deadlines from VANITY 6 opposition. Rhonda Trotter



Where did you find that Laura? Would appreciate a link please if you wouldn't mind passing it along.

http://www.mncourts.gov/m...reiner.pdf

Page 4.

I know that some bootlegger has put the Vanity 6 album up on Tidal and changed the spelling around so maybe they are going after someone for trademark infringement.

I also see the "Most Beautiful Girl In World " Italian suit is being worked.

I will post some stuff later with Rhonda commenting about the WB deal and how happy Prince was with it.

  - E-mail - orgNote - Report post to moderator
Reply #99 posted 01/20/18 4:01pm

Mumio

avatar

laurarichardson said:

http://www.mncourts.gov/m...reiner.pdf

Page 4.

I know that some bootlegger has put the Vanity 6 album up on Tidal and changed the spelling around so maybe they are going after someone for trademark infringement.

I also see the "Most Beautiful Girl In World " Italian suit is being worked.

I will post some stuff later with Rhonda commenting about the WB deal and how happy Prince was with it.



Great, thanks Laura. I remember that document, its pretty lengthy.

Will check out what you post about the WB deal too.



Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
  - E-mail - orgNote - Report post to moderator
Reply #100 posted 01/20/18 4:50pm

ISaidLifeIsJus
tAGame

avatar

Rhonda references USPTO which is the United States Patent and Trademark Office, and also references TTAB which is the The Trademark Trial and Appeal Board.

So it is an Administrative hearing.

After that she refers to the Vanity 6 "coexistence" settlement agreement and revisions being made by both sides.

Then they refer to HHRH which is Hard Rock Cafe's business name.

So this appears to be a trademark issue between the Estate and Hard Rock Cafe

  - E-mail - orgNote - Report post to moderator
Reply #101 posted 01/20/18 9:03pm

ISaidLifeIsJus
tAGame

avatar

http://www.mncourts.gov/m...6,-and.pdf

It appears as though the Court has unsealed some Exhibits from January 2017.

The last 3 pages of this Exhibit discusses the L4OA charity.

eek

  - E-mail - orgNote - Report post to moderator
Reply #102 posted 01/20/18 11:57pm

udo

avatar

ISaidLifeIsJustAGame said:

http://www.mncourts.gov/m...6,-and.pdf

It appears as though the Court has unsealed some Exhibits from January 2017.

The last 3 pages of this Exhibit discusses the L4OA charity.

eek

.

Very, very interesting...

Why was this released only now?

Pills and thrills and daffodils will kill... If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
  - E-mail - orgNote - Report post to moderator
Reply #103 posted 01/21/18 3:33am

udo

avatar

After reading I learned:

Lonny is a crook

Lonny lacks judgement.

Lonny's former employer has a weird business model (why ask for USD .5M when the max payout per month is at 150K?)

Lonny cannot read the papers he signs.

There was clear opposition against his work for the Estate, and deservedly so.

So why do some heirs still keep him on as their advisor? (how stupid are they?)

Pills and thrills and daffodils will kill... If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
  - E-mail - orgNote - Report post to moderator
Reply #104 posted 01/21/18 8:57am

PennyPurple

avatar

ISaidLifeIsJustAGame said:

http://www.mncourts.gov/m...6,-and.pdf

It appears as though the Court has unsealed some Exhibits from January 2017.

The last 3 pages of this Exhibit discusses the L4OA charity.

eek

Cousins needs jail time.

  - E-mail - orgNote - Report post to moderator
Reply #105 posted 01/21/18 12:23pm

cloveringold85

avatar

Okay, somebody please stop my head from spinning after looking at those docs!! nuts

.

There are no words in the english dictionary to even describe how incredibly screwed-up this is!! eek

.

omfg

"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016)
  - E-mail - orgNote - Report post to moderator
Reply #106 posted 01/21/18 12:24pm

cloveringold85

avatar

udo said:

After reading I learned:

Lonny is a crook

Lonny lacks judgement.

Lonny's former employer has a weird business model (why ask for USD .5M when the max payout per month is at 150K?)

Lonny cannot read the papers he signs.

There was clear opposition against his work for the Estate, and deservedly so.

So why do some heirs still keep him on as their advisor? (how stupid are they?)

.

yeahthat

.

lol

"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016)
  - E-mail - orgNote - Report post to moderator
Reply #107 posted 01/21/18 12:25pm

cloveringold85

avatar

PennyPurple said:

ISaidLifeIsJustAGame said:

http://www.mncourts.gov/m...6,-and.pdf

It appears as though the Court has unsealed some Exhibits from January 2017.

The last 3 pages of this Exhibit discusses the L4OA charity.

eek

Cousins needs jail time.

.

Yes!! He should be the first one to get hand-cuffed!!!! mad

"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016)
  - E-mail - orgNote - Report post to moderator
Reply #108 posted 01/21/18 1:26pm

purplemist7777

cloveringold85 said:



PennyPurple said:




ISaidLifeIsJustAGame said:


http://www.mncourts.gov/m...6,-and.pdf



It appears as though the Court has unsealed some Exhibits from January 2017.


The last 3 pages of this Exhibit discusses the L4OA charity.


eek



Cousins needs jail time.



.


Yes!! He should be the first one to get hand-cuffed!!!! mad



yes I think he could have been stealing from Prince all this time. Who knows if the $8 million is still in the account? Not sure if estate lawyers have confirmed that And he sold land and that church? Shadyyyyy
  - E-mail - orgNote - Report post to moderator
Reply #109 posted 01/21/18 1:41pm

cloveringold85

avatar

purplemist7777 said:

cloveringold85 said:

.

Yes!! He should be the first one to get hand-cuffed!!!! mad

yes I think he could have been stealing from Prince all this time. Who knows if the $8 million is still in the account? Not sure if estate lawyers have confirmed that And he sold land and that church? Shadyyyyy

.

Cousins is a disgusting human-being!! He preaches at how he helps people, when all he is really doing is STEALING what's not rightfully his!!

.

What really astounds me about people like Cousins is that they are so greedy, that they will stop at nothing when money is around. People like him would gladly sell their soul to the devil....well, he already has. mad

"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016)
  - E-mail - orgNote - Report post to moderator
Reply #110 posted 01/21/18 7:31pm

laurarichardso
n

cloveringold85 said:



purplemist7777 said:


cloveringold85 said:


.


Yes!! He should be the first one to get hand-cuffed!!!! mad





yes I think he could have been stealing from Prince all this time. Who knows if the $8 million is still in the account? Not sure if estate lawyers have confirmed that And he sold land and that church? Shadyyyyy

.


Cousins is a disgusting human-being!! He preaches at how he helps people, when all he is really doing is STEALING what's not rightfully his!!


.


What really astounds me about people like Cousins is that they are so greedy, that they will stop at nothing when money is around. People like him would gladly sell their soul to the devil....well, he already has. mad





This is slimey and discussing. Why has no one filed charges against this fool.
He should not have been signing any documents to sell real estate or transfer money. What is even more bizarre is the use of his own address and selling real estate to one of his associates? The paper trail is a mile long and obvious. Keep in my mine the estate had a year to file a claim against him so I wonder what the status is at this point. Does anyone notice that on later tax docs KJ is listed as the manager. How does 8 million go missing and the manager does not know about it?
-----


-----
SLS and Bremer:
I am attaching a title chain report for the property located at 1119 Morgan Ave. North, Minneapolis. This property has
been listed as Estate assets.
As of the date of Prince’s death, the property was owned by L4OA, LLC, which I understand was Prince's foundation. It is
currently not in good standing. As you can see from the report, the property was sold on or aboutJune 6, 2016 by L40A,
LLC to Reboot Charity, Inc., pursuant to deed signed by Patrick Cousins as Chief Manager. Though consideration was not
1isted, from the sales tax paid, it looks like the sale was for a nominal amount.
On or about August 5, 2016, the building with resold to Faith Deliverance Holiness Church. The deed was signed by
Jeremy Smith. From limited research, It appears that Mr. Cousins has an affiliation with Reboot Charity, Inc. and a
relationship with Mr. Smith.
Omarr worked on this building himself, and brought this strange sale to my attention.
Were these sales orchestrated by the Special Administrator and legal team? If so, what was the proceeds to the
estate. I have not seen any documents regarding the transfer of this property, though I did not join the case until after
June 6. That being said, the 1119 Morgan Property was listed as Estate property at the meeting at SLS’s office on August
15.
I would appreciate any light you could shed on this issue.
-----

We also have discovered that there was a Deutsche Bank/ Alex Brown (SW-017570) account in the name of Love For
One Another Charities. The account papemork indicates it was being sent to Mr. Cousins at his Florida address. At the
end ofJanuary, 2008, there is a Deutsche Bank account where stock is being purchased in the name of the charity at this
address in the amount of approximately $300,000. We have these bank statements too (end of January 2008). We do
not know whether it was funded, in part with the $8,200,000. We do not have any additional information regarding
these monies.
As part of our investigation, we have been working ctosely with Gina Detoncini at Fox Rothchild as well as Alyssa
LeTourneau and Dudley Ryan at CliftonLarsonAlIe-n. We have also requested information from Mr. Cousins. We have a
commitment from Mr. Cousins to provide us with approximately 70 boxes of materials that document his work with Mr.
Nelson.
In short, the Special Administrator still needs to run facts to ground before the estate takes any action. need additional
documentation before the estate can make a decision with respect to its legal options. It is important to remember that
the statute of limitations on any ciaim an estate may make is tolled for one (1) year.

[
[Edited 1/22/18 8:36am]
  - E-mail - orgNote - Report post to moderator
Reply #111 posted 01/22/18 12:09pm

cloveringold85

avatar

laurarichardson said:

cloveringold85 said:

.

Cousins is a disgusting human-being!! He preaches at how he helps people, when all he is really doing is STEALING what's not rightfully his!!

.

What really astounds me about people like Cousins is that they are so greedy, that they will stop at nothing when money is around. People like him would gladly sell their soul to the devil....well, he already has. mad

This is slimey and discussing. Why has no one filed charges against this fool. He should not have been signing any documents to sell real estate or transfer money. What is even more bizarre is the use of his own address and selling real estate to one of his associates? The paper trail is a mile long and obvious. Keep in my mine the estate had a year to file a claim against him so I wonder what the status is at this point. Does anyone notice that on later tax docs KJ is listed as the manager. How does 8 million go missing and the manager does not know about it? ------- ------- SLS and Bremer: I am attaching a title chain report for the property located at 1119 Morgan Ave. North, Minneapolis. This property has been listed as Estate assets. As of the date of Prince’s death, the property was owned by L4OA, LLC, which I understand was Prince's foundation. It is currently not in good standing. As you can see from the report, the property was sold on or aboutJune 6, 2016 by L40A, LLC to Reboot Charity, Inc., pursuant to deed signed by Patrick Cousins as Chief Manager. Though consideration was not 1isted, from the sales tax paid, it looks like the sale was for a nominal amount. On or about August 5, 2016, the building with resold to Faith Deliverance Holiness Church. The deed was signed by Jeremy Smith. From limited research, It appears that Mr. Cousins has an affiliation with Reboot Charity, Inc. and a relationship with Mr. Smith. Omarr worked on this building himself, and brought this strange sale to my attention. Were these sales orchestrated by the Special Administrator and legal team? If so, what was the proceeds to the estate. I have not seen any documents regarding the transfer of this property, though I did not join the case until after June 6. That being said, the 1119 Morgan Property was listed as Estate property at the meeting at SLS’s office on August 15. I would appreciate any light you could shed on this issue. ------- We also have discovered that there was a Deutsche Bank/ Alex Brown (SW-017570) account in the name of Love For One Another Charities. The account papemork indicates it was being sent to Mr. Cousins at his Florida address. At the end ofJanuary, 2008, there is a Deutsche Bank account where stock is being purchased in the name of the charity at this address in the amount of approximately $300,000. We have these bank statements too (end of January 2008). We do not know whether it was funded, in part with the $8,200,000. We do not have any additional information regarding these monies. As part of our investigation, we have been working ctosely with Gina Detoncini at Fox Rothchild as well as Alyssa LeTourneau and Dudley Ryan at CliftonLarsonAlIe-n. We have also requested information from Mr. Cousins. We have a commitment from Mr. Cousins to provide us with approximately 70 boxes of materials that document his work with Mr. Nelson. In short, the Special Administrator still needs to run facts to ground before the estate takes any action. need additional documentation before the estate can make a decision with respect to its legal options. It is important to remember that the statute of limitations on any ciaim an estate may make is tolled for one (1) year. [ [Edited 1/22/18 8:36am]

.

That is some shady af bs!! mad

"With love, honor, and respect for every living thing in the universe, separation ceases, and we all become one being, singing one song." - Prince Roger Nelson (1958-2016)
  - E-mail - orgNote - Report post to moderator
Reply #112 posted 01/22/18 2:01pm

luvsexy4all

his list of lawyers should be investigated

  - E-mail - orgNote - Report post to moderator
Reply #113 posted 01/22/18 6:40pm

laurarichardso
n

luvsexy4all said:

his list of lawyers should be investigated


At this point everybody needs to be looked at. I do not think Mr. Cousins worked alone. Right now we know of four scams he pulled. Presenting himself as a promotor for Prince, Presenting himself as a leasing agent, presenting himself as a manager of L4OA who had the authority to sell real estate and take money and causing a 4 million dollar judgement on Prince by simply not doing the job he was hired for.
[Edited 1/23/18 4:53am]
  - E-mail - orgNote - Report post to moderator
Reply #114 posted 01/22/18 8:32pm

laytonian

Did anyone else notice that the Paisley Park property itself had been transferred to a now-defunct California entity and that the estate will incur costs to take back the title?
See page 3.
Welcome to "the org", laytonian… come bathe with me.
  - E-mail - orgNote - Report post to moderator
Reply #115 posted 01/22/18 9:22pm

ISaidLifeIsJus
tAGame

avatar

laytonian said:

Did anyone else notice that the Paisley Park property itself had been transferred to a now-defunct California entity and that the estate will incur costs to take back the title? See page 3.

Page 3 of what?

P did have at least one corporation in California.

  - E-mail - orgNote - Report post to moderator
Reply #116 posted 01/22/18 10:21pm

Astasheiks

avatar

cloveringold85 said:

laurarichardson said:

cloveringold85 said: This is slimey and discussing. Why has no one filed charges against this fool. He should not have been signing any documents to sell real estate or transfer money. What is even more bizarre is the use of his own address and selling real estate to one of his associates? The paper trail is a mile long and obvious. Keep in my mine the estate had a year to file a claim against him so I wonder what the status is at this point. Does anyone notice that on later tax docs KJ is listed as the manager. How does 8 million go missing and the manager does not know about it? ------- ------- SLS and Bremer: I am attaching a title chain report for the property located at 1119 Morgan Ave. North, Minneapolis. This property has been listed as Estate assets. As of the date of Prince’s death, the property was owned by L4OA, LLC, which I understand was Prince's foundation. It is currently not in good standing. As you can see from the report, the property was sold on or aboutJune 6, 2016 by L40A, LLC to Reboot Charity, Inc., pursuant to deed signed by Patrick Cousins as Chief Manager. Though consideration was not 1isted, from the sales tax paid, it looks like the sale was for a nominal amount. On or about August 5, 2016, the building with resold to Faith Deliverance Holiness Church. The deed was signed by Jeremy Smith. From limited research, It appears that Mr. Cousins has an affiliation with Reboot Charity, Inc. and a relationship with Mr. Smith. Omarr worked on this building himself, and brought this strange sale to my attention. Were these sales orchestrated by the Special Administrator and legal team? If so, what was the proceeds to the estate. I have not seen any documents regarding the transfer of this property, though I did not join the case until after June 6. That being said, the 1119 Morgan Property was listed as Estate property at the meeting at SLS’s office on August 15. I would appreciate any light you could shed on this issue. ------- We also have discovered that there was a Deutsche Bank/ Alex Brown (SW-017570) account in the name of Love For One Another Charities. The account papemork indicates it was being sent to Mr. Cousins at his Florida address. At the end ofJanuary, 2008, there is a Deutsche Bank account where stock is being purchased in the name of the charity at this address in the amount of approximately $300,000. We have these bank statements too (end of January 2008). We do not know whether it was funded, in part with the $8,200,000. We do not have any additional information regarding these monies. As part of our investigation, we have been working ctosely with Gina Detoncini at Fox Rothchild as well as Alyssa LeTourneau and Dudley Ryan at CliftonLarsonAlIe-n. We have also requested information from Mr. Cousins. We have a commitment from Mr. Cousins to provide us with approximately 70 boxes of materials that document his work with Mr. Nelson. In short, the Special Administrator still needs to run facts to ground before the estate takes any action. need additional documentation before the estate can make a decision with respect to its legal options. It is important to remember that the statute of limitations on any ciaim an estate may make is tolled for one (1) year. [ [Edited 1/22/18 8:36am]

.

That is some shady af bs!! mad

hot hot hot mess!!!

  - E-mail - orgNote - Report post to moderator
Reply #117 posted 01/23/18 5:18am

laurarichardso
n

Mumio said:

laurarichardson said:

http://www.mncourts.gov/m...reiner.pdf

Page 4.

I know that some bootlegger has put the Vanity 6 album up on Tidal and changed the spelling around so maybe they are going after someone for trademark infringement.

I also see the "Most Beautiful Girl In World " Italian suit is being worked.

I will post some stuff later with Rhonda commenting about the WB deal and how happy Prince was with it.



Great, thanks Laura. I remember that document, its pretty lengthy.

Will check out what you post about the WB deal too.



See below the interview with Rhonda Trotter in the court docs. Details of the deal were removed but according to her Prince was happy with the deal enough so to include doing an whole record for WB which apparently was not one of the orignal goals. Just proves how wrong LM was to ignore that deal and Prince's wishes to fill his on pocket with money. Glad he was stopped from doing this. Prince had contracts and no will. Contract mean something and are not breakable because certain greedy people cannot benefit from them. This includes family.

-------------

I bet if they ever put out an interview with Phedra and the attorney he worked with on the Tidal deal you would get the a similar summary. Maybe everything was not nailed down exactly in the Tidal deal but I doubt Prince was unhappy with working with them.

------

At the time of Prince’s death in April of 2016, recordings initially released by WB (“WB Masters”), and that included Prince’s major hits from 1979 to 1995, were under license to WB pursuant to that certain Agreement dated April 16, 2014 (the “2014 WB Agreement”).2 The parties to the 2014 WB Agreement were WB, on the one hand, Prince, PRN Music Corporation, Paisley Park Enterprises, Inc., and NPG Records, Inc. on the other. The 2014 WB Agreement and the rescinded UMG Agreement were the focus of the examination and investigation. The 2014 WB Agreement consists of a

THE 2014 WB AGREEMENT NEGOTIATIONS As rescission of the UMG Agreement called into question , those individuals representing Prince in the negotiations of that Agreement were interviewed. Ms. Rhonda Trotter, counsel for Prince, negotiated the 2014 WB Agreement and was interviewed twice. Ms. Trotter indicated that Prince’s objective in negotiating the 2014 WB Agreement was two-fold. First, to gain ownership and control of his Masters. Second, to earn the respect of WB and place Prince on a more level status with WB; one that was more akin to a business partnership rather than being “owned” as Prince had perceived pursuant to the terms of the earlier agreements. In sum, Prince wanted ownership of the WB Masters and thus the rights to his creations. Ms. Trotter indicated that the economic structure of the 2014 WB Agreement with respect to the rights in the U.S. was about respect and fairness. According to Prince’s then representatives, he was not fighting for complete independence of WB but rather respect more of a partnership relationship with the Label. A

The provision was, understandably, a result of compromise between the parties in that WB was not prepared to transition exclusively to a distribution deal on day one. Ms. Trotter further observed that with the 2014 WB Agreement, Prince had been satisfied that his goals in earning back control and ownership of his Masters, and respect from WB had 10-PR-16-46 Filed in First Judicial District Court 12/15/2017 3:24 PM Carver County, MN 11 been accomplished. In fact, thereafter, Prince entered into two additional deals with WB. By Agreement dated July 29, 2014

[Edited 1/23/18 6:34am]

  - E-mail - orgNote - Report post to moderator
Reply #118 posted 01/23/18 7:42am

rogifan

laytonian said:

Did anyone else notice that the Paisley Park property itself had been transferred to a now-defunct California entity and that the estate will incur costs to take back the title?
See page 3.

Hmm...this is the information listed on the caver county property search website:

Taxpayer PAISLEY PARK FACILITY LLC
Taxpayer 2 COMERICA BANK & TRUST C/O GERA
Taxpayer Address 230 PARK AVE STE 634
NEW YORK, NY 10169
Paisley Park is in your heart
#PrinceForever 💜
  - E-mail - orgNote - Report post to moderator
Reply #119 posted 01/23/18 10:37am

Mumio

avatar

laurarichardson said:

Mumio said:



Great, thanks Laura. I remember that document, its pretty lengthy.

Will check out what you post about the WB deal too.



See below the interview with Rhonda Trotter in the court docs. Details of the deal were removed but according to her Prince was happy with the deal enough so to include doing an whole record for WB which apparently was not one of the orignal goals. Just proves how wrong LM was to ignore that deal and Prince's wishes to fill his on pocket with money. Glad he was stopped from doing this. Prince had contracts and no will. Contract mean something and are not breakable because certain greedy people cannot benefit from them. This includes family.

-------------

I bet if they ever put out an interview with Phedra and the attorney he worked with on the Tidal deal you would get the a similar summary. Maybe everything was not nailed down exactly in the Tidal deal but I doubt Prince was unhappy with working with them.

------

At the time of Prince’s death in April of 2016, recordings initially released by WB (“WB Masters”), and that included Prince’s major hits from 1979 to 1995, were under license to WB pursuant to that certain Agreement dated April 16, 2014 (the “2014 WB Agreement”).2 The parties to the 2014 WB Agreement were WB, on the one hand, Prince, PRN Music Corporation, Paisley Park Enterprises, Inc., and NPG Records, Inc. on the other. The 2014 WB Agreement and the rescinded UMG Agreement were the focus of the examination and investigation. The 2014 WB Agreement consists of a

THE 2014 WB AGREEMENT NEGOTIATIONS As rescission of the UMG Agreement called into question , those individuals representing Prince in the negotiations of that Agreement were interviewed. Ms. Rhonda Trotter, counsel for Prince, negotiated the 2014 WB Agreement and was interviewed twice. Ms. Trotter indicated that Prince’s objective in negotiating the 2014 WB Agreement was two-fold. First, to gain ownership and control of his Masters. Second, to earn the respect of WB and place Prince on a more level status with WB; one that was more akin to a business partnership rather than being “owned” as Prince had perceived pursuant to the terms of the earlier agreements. In sum, Prince wanted ownership of the WB Masters and thus the rights to his creations. Ms. Trotter indicated that the economic structure of the 2014 WB Agreement with respect to the rights in the U.S. was about respect and fairness. According to Prince’s then representatives, he was not fighting for complete independence of WB but rather respect more of a partnership relationship with the Label. A

The provision was, understandably, a result of compromise between the parties in that WB was not prepared to transition exclusively to a distribution deal on day one. Ms. Trotter further observed that with the 2014 WB Agreement, Prince had been satisfied that his goals in earning back control and ownership of his Masters, and respect from WB had 10-PR-16-46 Filed in First Judicial District Court 12/15/2017 3:24 PM Carver County, MN 11 been accomplished. In fact, thereafter, Prince entered into two additional deals with WB. By Agreement dated July 29, 2014

[Edited 1/23/18 6:34am]



It sounds like he was happy with the outcome. In the end, that was all that mattered and hopefully people can see that no one strong-armed him into this agreement with WB. Thanks for posting the info laura.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
  - E-mail - orgNote - Report post to moderator
Page 4 of 11 <123456789>Last »
  New topic   Printable     (Log in to 'subscribe' to this topic)
« Previous topic  Next topic »
Forums > Prince: Music and More > The Estate Discussion - Part 12 - Continued