Ricky Nelson's Estate Sues Capitol Over Royalties

Law360, New York (October 5, 2011, 2:56 PM EDT) -- The estate of singer and actor Ricky Nelson sued Capitol Records LLC in California on Monday, accusing it of breaching a contract by underpaying royalties for music recorded by the late pop star.

The Rick Nelson Co. LLC brought the suit after an audit of Capitol in reference to Ricky Nelson’s catalog revealed improper accounting by the record company, according to the suit.

Capitol is a subsidiary of multinational music company EMI Group Ltd., which was not named in the suit.

Ricky Nelson was a teenage...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.