Quote:
Paramore and former bassist Jeremy Davis are involved in a legal battle over whether Davis was an employee of the band or a partner in their underlying business.
According to the Tennessean, Varoom Whoa—the business entity that owns Paramore—has preemptively sued Davis on the basis that he is an employee of the band. Davis claims he was a partner in the company, which would entitle him to a split of all revenue.
Varoom Whoa seeks to legally declare Davis a former employee, which would make him ineligible for the benefits of a business partnership. If Davis won, making him a legal partner in the business, he would be entitled to unspecified damages, a share of total royalties and touring revenue not only from the years he spent in the band, but potentially also going forward, despite having left Paramore.
According to the band’s contract with Atlantic Records, frontwoman Hayley Williams is the only one signed to the label. The other band members are paid as employees.
“Because she wanted to foster a feeling of camaraderie within the band, at her direction, the band members’ salaries included a portion of Williams’ earnings,” the initial lawsuit says according to the Tennessean.
On Friday, Davis filed a counterclaim against Varoom Whoa on the basis that Paramore began as a partnership that he and Williams founded.
“Davis, Williams and York shared equally in all net profits generated by the partnership, from any and all sources, including but not limited to the Atlantic agreement,” said Davis in the counterclaim.
Davis says he was responsible for various duties in the band outside of performances, including hiring musicians and crew as well as making decisions for the band.
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I don't understand this but it sounds messy. I think they'll just break up for good soon tbh
27-01-2016, 01:49 AM
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