PM Group v. Rod Stewart, et al.
Published: Apr. 26, 2005 | Result Date: Nov. 12, 2004 | Filing Date: Jan. 1, 1900 |Case number: BC277357 Verdict – $2,380,000
Judge
Court
L.A. Superior Central
Attorneys
Plaintiff
Defendant
Louis R. Miller III
(Miller Barondess LLP)
Experts
Plaintiff
Owen Sloane
(technical)
Facts
The plaintiff concert promoters offered Rod Stewart $2.1 million to go on a nine city Latin American concert tour.
Stewart's agents, lawyers and managers tentatively accepted and the parties started to negotiate the terms of the contract. The plaintiffs started to send deposits for the tour to the talent agency, ICM and to Stewart's lawyers. Five weeks before the first concert date, Stewart canceled the tour and kept the $780,000 in deposits already sent by the plaintiffs.
Result
Judgment was entered on jury verdict on Jan. 11, 2005.
Other Information
On Feb. 22, 2005, a hearing was held on two motions for judgment notwithstanding the verdict brought by the defendants ICM and Steve Levine, and by the defendants Rod Stewart, Barry Tyerman, Armstrong Hirsch, Stiefel Entertainment and Anne Challis; the plaintiffs' motion for an award of attorneys fees and the plaintiffs' motion for an award of prejudgment interest. The court heard oral argument for approximately two hours on these motions and took them all under submission. On Feb. 28, 2005, the court ruled as follows: Both motions for judgment notwithstanding the verdict were denied. The plaintiffs were awarded $472,216 in attorneys fees; and the plaintiffs were awarded $163,800 in prejudgment interest. Lastly, on March 8, 2005, a hearing was held on the defendants' motion to tax costs, requested by the plaintiffs. The plaintiffs were awarded $52,707 in costs. The judgment with costs, interest and attorneys fees currently stands at $3,068,623. The defendants have filed notices of appeal from the judgment.
Deliberation
eight hours
Length
14 days
For reprint rights or to order a copy of your photo:
Email
jeremy@reprintpros.com
for prices.
Direct dial: 949-702-5390