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

Law360, New York (June 4, 2013, 6:17 PM EDT) -- 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...
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