Daryl Hall is suing John Oates for plans to sell share in joint venture
nme.comDaryl Hall is suing John Oates for his plans to sell his share of a joint venture.On November 17, it was revealed that Hall was granted a restraining order against his longtime former musical partner.
Whilst many of the details were kept under seal, a reporter suggested that “based on captions for the filings in the chancery clerk’s system, a business trust is at the center of the dispute.”Today, AP News has given more information about the lawsuit, revealing that Hall & Oates have a joint venture and Oates intended to sell his share to a company called Primary Wave.
Hall contended that the sale of Oates’ share would violate the business terms the duo had agreed upon. Hall & Oates have been approached for comment.In response, a judge temporarily blocked the sale and granted the temporary restraining order on November 16.
Legal proceedings and a previously initiated arbitration are still continuing.Many details about the case are still sealed, with Hall’s attorneys arguing that the lawsuit is a private dispute under an agreement with confidential terms, which needs a confidential artbitration case.
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