Prince chased for concert cash
Wednesday 02 March 2011
Prince could lose his home for failing to pay $3 million for pulling out of a concert in Ireland.
The pop legend cancelled his sold-out appearance at Croke Park, Dublin, just 13 days before it was due to take place on June 16, 2008, without giving any explanation, leaving promoters MCD facing the bill to refund 55,000 tickets.
The company's owner Denis Desmond took legal action against the 'Purple Rain' singer and the case went to Dublin's Commercial Courts in February 2010 where it was settled after a four-day hearing, with the musician's legal team agreeing to pay over $2 million in damages and almost a million dollars in legal costs.
However, the sum was never paid by the initial March 2010 deadline and Denis and MCD were then granted a European Enforcement Order Certificate allowing them to pursue Prince's assets under EU law.
In documents obtained by the Irish Times newspaper, MCD have received a preliminary attachment of approximately $957,000 held in bank accounts by the 52-year-old singer in France and Portugal but have received no money from the star.
The businessman has now filed papers in Los Angeles Superior Court to allow him to pursue his assets in the US to cover the initial settlement fee plus eight per cent interest on the original sum which would add a potential $240,000 to the total figure.
If the court rules in the company's favour then MCD could potentially try and seize Prince's family home in Minneapolis and his personal wealth.
- 1 Half of young women unable to ‘locate vagina’ and 65% find it difficult to say the word
- 2 Perez Hilton apologises for Jennifer Lawrence naked photo leak
- 3 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
- 4 Mexican woman becomes world’s 'oldest person' at 127
- 5 Jennifer Lawrence 'naked sex video' will be leaked threatens 4Chan celebrity photo hacker
Perez Hilton apologises for Jennifer Lawrence naked photo leak
Ariana Grande nude photos leak: 'These are completely fake' say singer's representatives
A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
Israel to appropriate 400 hectares in West Bank for ‘state use’
Kate Upton nude pictures leak: Model's representatives 'looking into' authenticity of naked images
Rotherham child sex abuse scandal: Labour Home Office to be probed over what Tony Blair's government knew - and when
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Ashya King: Parents of five-year-old boy refused permission to visit him in hospital and denied bail at Spanish court
With Douglas Carswell joining Ukip, my party has taken another giant step forward
When elitism grips the top of British society to this extent, there is only one answer: abolish private schools
Ukip Douglas Carswell defection: Tory MP jumps ship to join Nigel Farage
£32000 - £40000 per annum + bonus: Ashdown Group: HR Manager (Generalist) -Old...
£45000 - £50000 per annum: Ashdown Group: Talent / Learning & Development Mana...
Up to £40,000: Ashdown Group: Standalone HR Manager role for an SME business b...
£350 - £400 per day: Orgtel: HR Analyst - Banking - Bristol - £350 - £400 per ...