Who's Suing Whom: Bitter symphony as The Verve is sued by Oldham

ANDREW LOOG OLDHAM, the mythic 1960s pop svengali who discovered and produced the Rolling Stones, is suing The Verve's record company for at least three quarters of a million pounds. Mr Oldham claims that the contemporary band's biggest hit "Bitter Sweet Symphony" uses a theme composed by Mr Oldham in 1963.

The Verve, a "Britpop" rock band from Wigan, had a huge global hit with "Bitter Sweet Symphony" in the summer of 1997. Their album containing the track was still in the top 30 last October. They and their record company Virgin have never disputed that the orchestral theme of the song was borrowed from a version of the Stones classic "The Last Time", recorded by "The Andrew Loog Oldham Orchestra" in the early 1960s.

Virgin and the band believed that Decca, the Stones' original record company, owned the recording of Mr Oldham's version, which he composed and performed. They paid an agreed royalty to Decca before "Bitter Sweet Symphony" was released.

A full 18 months later Mr Oldham, who has lived in Bogota, Columbia, for the past 15 years, slapped a writ on Virgin in the London High Court, claiming he owned the recording, not Decca.

The former rock manager is demanding damages and an injunction forbidding the further sale of The Verve's song.

Coincidentally, the publishing royalties to "The Last Time" belong to a subsequent manager of the Stones, Allan Klein, who also went on to manage The Beatles. Mr Klein is not involved in the legal dispute.

STOCK AITKEN & Waterman, the songwriting and production partnership who dominated the 1980s pop charts with acts such as Bananarama, Kylie Minogue and Rick Astley, are being sued by their former solicitors over unpaid bills.

The London law firm Clintons recently issued a winding up petition against Stock Aitken & Waterman Productions Ltd (SAWPL), their former client. The case is due to come to the High Court next Wednesday.

The music partnership, now dissolved, originally consisted of Mike Scott, Matthew Aitken and Peter Waterman. The hugely lucrative "hit factory" made millions of pounds in the second half of the 1980s and first half of the 1990s.

Then, when the songwriters went their separate ways, a number of legal issues needed to be resolved. In July 1997 Stock Aitken & Waterman Productions, which no longer included Mr Waterman, instructed Clintons to sue two companies formerly owned by Mr Waterman for over pounds 1m. SAWPL claimed that PAL Productions and PWL Records owed a total of pounds 1,060,800 in loans to it, and demanded repayment.

Last week a spokesman for Clintons said: "We no longer act for Stock Aitken & Waterman Productions because they failed to discharge accounts. We have issued a winding up petition against them."

SAWPL has since retained another London law firm to represent them, Schilling & Lom. Schilling & Lom was unable to comment on the case.

A BRITISH investor who lives in Perigeux, France, is suing Prudential- Bache Securities (UK) and one of its employees, Margery Beutell, over a $500,000 investment scheme that went wrong.

Charles Alan Lawson is claiming pounds 61,525 from Ms Beuteil and further unspecified damages from both her and Pru-Bache over a scheme set up in 1994 to invest in bank instruments.

In a writ issued on Mr Lawson's behalf in London by his solicitors Dowse Baxter, he claims that "in the event it transpired that the scheme was bogus and fraudulent".

The investor also claims that the two financial advisers who devised the scheme, Paul Barnes-Taylor and Edwin Wilkinson, were made bankrupt following its collapse. Mr Lawson says that he first engaged Ms Beutell as his financial adviser in 1993.

He stipulated that she would only recommend investments that balanced income and growth, were not speculative, had been adequately researched and were sound investments.

The following year Ms Beutell introduced Mr Lawson to Mr Barnes-Taylor, whom she had known for 20 years. Mr Barnes-Taylor proposed that Mr Lawson invest in a financial derivative by joining a syndicate of "very rich individuals".

At a subsequent lunch with Mr Lawson at Drones restaurant in London, Ms Beutell said she thought the scheme "sufficiently good to recommend it to the widow of her former direct supervisor at Pru-Bache, Mr Will Custard".

But soon after Mr Lawson had invested his $500,000, he says, the scheme went belly up. He is seeking his money back.

MARINE MIDLAND, a wholly- owned subsidiary of HSBC, is suing a New York investment house and an individual for a total of $6,292,718.94, in respect of a Supreme Court judgement.

Marine Midland has also included Barclays Bank in the action in order to gain access to confidential information held by Barclays concerning the case.

The two defendants are Phoenix Investment International Inc, based in New York, and Mohnish Mohan, an individual, of Madison Avenue, New York.

Suggested Topics
Voices
The Sumatran tiger, endemic to the Indonesian island of Sumatra, is an endangered species
voicesJonathon Porritt: The wild tiger population is thought to have dropped by 97 per cent since 1900
Arts and Entertainment
Beast would strip to his underpants and take to the stage with a slogan scrawled on his bare chest whilst fans shouted “you fat bastard” at him
musicIndie music promoter was was a feature at Carter gigs
News
news
Arts and Entertainment
Story line: Susanoo slays the Yamata no Orochi serpent in the Japanese version of a myth dating back 40,000 years
arts + entsApplying the theory of evolution to the world's many mythologies
PROMOTED VIDEO
News
Performers dressed as Tunnocks chocolate teacakes, a renowned Scottish confectionary, perform during the opening ceremony of the 2014 Commonwealth Games at Celtic Park in Glasgow on July 23, 2014.
news
Life and Style
Popular plonk: Lambrusco is selling strong
Food + drinkNaff Seventies corner-shop staple is this year's Aperol Spritz
News
Gardai wait for the naked man, who had gone for a skinny dip in Belfast Lough
newsTwo skinny dippers threatened with inclusion on sex offenders’ register as naturists criminalised
News
Shake down: Michelle and Barack Obama bump knuckles before an election night rally in Minnesota in 2008, the 'Washington Post' called it 'the fist bump heard round the world'
newsThe pound, a.k.a. the dap, greatly improves hygiene
Arts and Entertainment
La Roux
music
Arts and Entertainment
Graham Fellows as John Shuttleworth
comedySean O'Grady joins Graham Fellows down his local Spar
News
people
News
ebookA unique anthology of reporting and analysis of a crucial period of history
News
Ross Burden pictured in 2002
people
News
Elisabeth Murdoch: The 44-year-old said she felt a responsibility to 'stand up and be counted’'
media... says Rupert Murdoch
Arts and Entertainment
tv
Extras
indybest
Sport
Arsenal signing Calum Chambers
sportGunners complete £16m transfer of Southampton youngster
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Data Governance Manager (Solvency II) – Contract – Up to £450 daily rate, 6 month (may go Permanent)

£350 - £450 Per Day: Clearwater People Solutions Ltd: We are currently looking...

Java Developer - Banking - London - Up to £560/day

£500 - £560 per day: Orgtel: Java Developer FX - Banking - London - Up to £560...

HR Business Analyst, Bristol, £350-400pd

£350 - £400 per day + competitive: Orgtel: My client, a leading bank, is curre...

Account Manager - (Product & Account Management, Marketing)

£26000 - £30000 per annum + Benefits: Ashdown Group: Account Manager - (Produc...

Day In a Page

The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
Countries that don’t survey their tigers risk losing them altogether

Countries that don’t survey their tigers risk losing them

Jonathon Porritt sounds the alarm
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz
A new Russian revolution: Cracks start to appear in Putin’s Kremlin power bloc

A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
Eugene de Kock: Apartheid’s sadistic killer that his country cannot forgive

Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
Standing my ground: If sitting is bad for your health, what happens when you stay on your feet for a whole month?

Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
Commonwealth Games 2014: Dai Greene prays for chance to rebuild after injury agony

Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

Patrick Cockburn: Secret report helps Israel to hide facts

The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
The Guest List 2014: Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks

The Guest List 2014

Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on