Some performers can continue making money after they die.
Roy Orbison was a singer.
As a singer, one way money is made is through tours.
In these times, you need not even be alive to perform on tour.
According to a recent article in the The Hollywood Reporter titled “Roy Orbison Hologram at Center of New Legal Fight,” this is the reason for the Roy Orbison lawsuit.
The agreement had required the delivery of a prototype for review in nine months.
Two years later the sons had seen nothing.
They gave notice to terminate the agreement with Hologram USA.
This past year they partnered with BASE Hologram.
They recently announced tours in Australia and the UK.
Hologram USA is now disputing the termination and threatening to sue BASE Hologram.
In turn, the sons of Roy Orbison now have Hologram USA in their cross hairs for interfering with their deal with BASE Hologram.
What do they want?
They want the court to do two things.
First, they want to keep Hologram USA from using any of trademarks or intellectual property from their father.
They also want the termination of the agreement to be declared valid and properly executed.
Remember: “An ounce of prevention is worth a pound of cure.” When making your financial, tax and estate plans, do not go it alone. Be sure to engage competent professional counsel.
For more information about estate planning in Overland Park, KS (and throughout the rest of Kansas and Missouri), visit our estate planning website and be sure to subscribe to our complimentary estate planning e-newsletter while you are there.
Reference: The Hollywood Reporter (November 21, 2017) “Roy Orbison Hologram at Center of New Legal Fight”