UPDATE: the Killers Legal Settlement, Press Release Issued
In response to our report yesterday on the settled legal dispute between the Killers and their former manager Braden Merrick, the following press release was issued by Merrick’s attorney Howard E. King, of King, Holmes, Paterno & Berliner.
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PRESS RELEASE
October 2, 2009
THE KILLERS AND FORMER MANAGER SETTLE ALL DISPUTES
Las Vegas, Nevada
Former manager Braden Merrick and the rock band The Killers have dismissed their breach of contract and other pending claims upon reaching a confidential settlement of all disputes with each other.
A spokesperson for The Killers stated: “The Killers are pleased that the matter has been resolved and thank Braden Merrick for his contributions.”
Braden Merrick expressed his best wishes for the band’s continuing success. Merrick is currently a partner at a new label venture called Bright Antenna and quietly developing new talent to be revealed in 2010 under his artist management company From The Future.
10.1.09BREAKING NEWS: the Killers settle legal dispute with former manager
Legal Woes Over
After a three year legal battle and millions of dollars spent in legal fees, we hear that superstar rock act the Killers have settled the legal dispute with their former manager Braden Merrick who initiated the suit in 2006 for breach of contract after the band terminated his management duties in 2005. Merrick alleged that he had two years left on his management contract with the band and was seeking his commissions from the band’s earnings. Although we hear the settlement paperwork is not finalized, Merrick is rumored to be paid a 7-figure amount to settle the matter. According to several sources, Merrick was suing both the band and their current manager Robert Reynolds for a multi-million dollar claim. During the legal battle, the band served a petition with the California Labor Commission citing several violations against Merrick in order to void their management agreement with him. While both parties are reportedly happy that the dispute is over, they continue to be on unfriendly terms.
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