Suit Claims Live Nation Fixed Bids For UK Theaters

Law360, New York (November 3, 2009, 4:46 PM EST) -- Key Brand Entertainment Inc., an unsuccessful bidder for 17 theater venues in the U.K. owned by Live Nation Worldwide Inc., has accused the concert promoter and winning bidder Ambassador Theatre Group Ltd. of colluding to shut Key Brand out of a bidding process in which it was contractually obliged to participate.

In a suit filed Friday in the Superior Court of the State of California for the County of Los Angeles, Key Brand claims that Live Nation provided Ambassador with critical information about Key Brand's bid...
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