Daryl Hall has accused his former musical partner John Oates of being " the best "betrayal of the partnership" considering selling his share of the Hall & Oates joint venture without each other's consent, Hall said in a court filing supporting his move to suspend the deal.
In a declaration filed Wednesday in Chancery Court in Nashville, Hall also lamented the deterioration of his relationship and trust with his musical partner for more than half a century. The joint venture in question includes the Hall & Oates brands, name and image rights, record licensing revenues, as well as website and social media assets, the press release states.
Daryl Hall Accuses John Oates of “Clear Betrayal of the Partnership” When He Wanted to Sell His Stake in the Company
Daryl Hall has accused his former musical partner John Oates of "clear betrayal" . in the company" evaluating the possibility of selling its stake in the partnership with Hall & Oates venture without each other's permission. Paper. . proposed. Hall said in a court document supporting his lawsuit that he would suspend the transaction.
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In a declaration filed Wednesday in Chancery Court in Nashville, Hall also lamented the deterioration of his relationship and trust with his musical partner, with the who have worked together for more than half a century. The joint venture in question includes Hall & Oates trademarks, personal names and publicity rights, royalty registrations, as well as website and social media assets.
A judge has issued a preliminary injunction blocking the sale of Oates' interest in Whole Oats Enterprises LLP to Primary Wave IP Investment Management LLC, pending litigation and subject to arbitration. You have become yourself.
Darly Hall is taking further legal action to stop the transaction.
hen John Oates and co-trustees falsely claimed in recent months that the Oates Trust wanted to retain ownership of WOE, they committed the ultimate betrayal of the trust,” Hall said in a press release . "They tried to secretly sell half of WOE's assets without getting my written permission.
Derek Crownover, an attorney representing Oates, previously said that the musician's team "will work on a solution that makes sense for everyone involved, but for now we want to focus on these facts and on the law." and the courts reflect this.
He said Wednesday that the legal department will also file a statement from Oates soon.
A Nashville law firm judge issued the injunction on Nov. 16, the same day Hall filed suit, writing that Oates and others involved in your trust You can finalize the sale of your shares only after an arbitrator rules on the transaction in a separately filed case or until the court order expires, generally within 15 days, unless the deadline is extended by a judge in the event of arbitration.
The lawsuit claims that Hall filed for an arbitration hearing on Nov. 9 against Oates and the other defendants in the suit, Oates' wife, Aimee Oates, and Richard, Flynn opened, Hall, in his role as co-trustee of the Oates Trust, sought an order preventing him from selling his shares in Whole Oats Enterprises to Primary Wave Music.
Primary Wave has had a "significant interest" in Hall and Oates' musical catalog for over 15 years.
The lawsuit claims that Oates' team signed a letter of intent to sell with Primary Wave Music and that the letter specified that the musical duo's business deal had been disclosed to Primary Wave Music. in violation of a confidentiality clause. Additionally, Hall stated in his statement that he would not consent to such a sale and that he did not agree with Primary Wave's business model.
Hall said Oates' plan to sell his stake in Whole Oates Enterprises surprised him.
I am deeply concerned about the deterioration of my relationship with John Oates and my trust in him," Hall said in the statement.
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Hall said in his statement that the accident occurred while he was traveling to the US West Coast, Japan and Manila. Hall said he believed Oates had planned the sale "in such a way as to cause me the greatest harm possible.
Hall accused Oates of becoming "hostile and aggressive rather than professional and polite" towards him in recent years. As part of a proposal for a 'global divorce.'" Hall said he was considering Oates dissolving his touring company and entering into a separate partnership related to his music writing and publishing, while Hall aired the idea of breaking up Whole Oats Enterprises.
Daryl Hall and John Oates began as students at Temple University before signing with Atlantic Records in 1972. In the decades since, their unique approach to blue-eyed soul has spawned six platinum albums and many more Top 10 singles. The pair continued to perform until last year.
We have the incredible problem of having so many visitors," he said Oates told the Associated Press in 2021, shortly before resuming a national tour that had been postponed due to the coronavirus pandemic: "Believe me, it's not a chore to play these songs because they're really great.
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