Journey founder and lead guitarist Neal Schon and longtime keyboardist/guitarist Jonathan Cain are asking a Delaware judge to resolve a business deadlock.
According to court filings, Schon is president of Freedom 2020, a company formed three years ago to oversee tour-related finances.
He and Cain each hold a 50% stake in the company. In a petition filed last week, Cain said he and Schon “fundamentally disagree” on the management and operation of the company.
He wants the court to appoint a custodian as a director to resolve disputes. During a hearing Wednesday, Cain’s attorney, Sidney Liebesman, told Vice Chancellor J.
Read more on deadline.com
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