Sly Stone's Ex-Manager Seeks Ch. 11 Relief In Royalties Row

Law360, New York (June 04, 2013, 6:17 PM ET) -- The estranged manager of funk legend Sly Stone placed two of his entertainment management companies into Chapter 11 bankruptcy in California on Friday, the latest development in a $50 million royalties feud between the former business partners.

Music producer Gerald Goldstein's Even Street Productions Ltd. and Majoken Inc. entered Chapter 11 in separate cases, declaring between $1 million and $10 million each in both assets and liabilities.

Both Even Street and Majoken are at the center of a dispute between Stone, Goldstein and others over millions...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers