Posted by {ga=voradmin} 15 June 2011
Featured News
According to the City News Service , lawsuits between GUNS N' ROSES frontman Axl Rose and his former manager concerning commissions and concert touring have been resolved, attorneys for both sides told a judge today.
"They were settled to the mutual satisfaction of the parties," said attorney Howard King on behalf of the singer's ex-manager, Irving Azoff.
The resolutions were announced on the day Los Angeles Superior Court Judge Rita Miller had scheduled trial of the two cases between the rocker and Azoff.
No terms were divulged. But after a preliminary accord was reached, lawyers for Rose filed papers stating that the final accord would involve "a comprehensive touring agreement in which Guns 'N Roses would perform at various...venues."
Azoff sued the 49-year-old singer in March 2010, claiming Rose owed his ex-manager's company, Front Line Management, more than $1.8 million and broke a verbal agreement to pay the firm a 15 percent commission for performances by the band in Taipei, Seoul, Japan, Canada and South America.
Read more here.
Source: Bravewords.com
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