Speaking hypothetically of course, the ex owner of the said label could consider that
the material recorded on behalf of and signed over to the label by the artist is his
property, and therefore constitutes part of the realisable value of the company after
breakup (and if the artist wants it back they must buy it). It could be counter argued
that (a) the label broke it's contract by not actually paying the artist for the
recording (they went bust too soon) and (b) they never actually accepted it formally
in the first place. You can be sure that the only winners would be the lawyers if such
a totally ficticous case ever made it to court.
Adam (not a law person really...)
On Thu May 6 18:48:55 BST 1999 [EMAIL PROTECTED] wrote :
> Can someone sort of explain to me what power a record label (that's defunct ??)
> has over it's former signing ?
> This is a general question of course and has no bearing on any legal
> proceedings that may or may not at any time be taking place. (Did I say
> allegedly ?)
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