I'd be suprised, but I could undestand if a judge were to award Hooky with a dedicated 12.5% of the band's period and performance royalties and other income from merchandising and performances related to the Vitalturn licensing.
Any finances that were related to the band as an original 4-piece should be fairly collected 4 ways including performance royalties, concert performances of Gilbert/Hook/Morris/Sumner compositions performed live, mechanical rights, merchandising, et cetera per agreement from 1981 until setting up Vitalturn. Royalties (etc) should be distributed/collected as per agreement at the time of 2001-2005, per inclusion of Phil Cunningham. Anything post 2006 royalties (etc) should be distributed/collected as per agreement at the time previous arrangement.
I fucking LOVE New Order - in all configurations - but what you don't do, is fucking chintz someone out of money rightfully owned to them either by not paying them or unilaterally reducing period royalties - regardless of you like them or not, or of they are still in the band or not.
All things being equal from what little we know, the other three knew exactly what they were doing and sought to force Peter's hand financially in effort that they'd "win" by getting the whole lawsuit tied up in red tape to force the other to give up due to depletion of funds. That's basic strategy.
Give him his money.
The courts needs to make New Order pay out and move on completely separate of legal ties and Hooky gets his rightful money and he makes a clean break from them.
The courts could then slap Hooky with a "cease and desist" upon settlement regarding potentially slanderous commentary towards any of the five current band members moving forward from settlement.
Edited by user 16 October 2016 19:08:32(UTC)
| Reason: Not specified