Daryl Hall has accused his longtime music partner John Oates of committing the «ultimate partnership betrayal» by planning to sell his share of the Hall & Oates duo’s joint venture without the other’s permission, Hall said in a court declaration supporting his lawsuit to keep the transaction paused.
Daryl Hall has accused his longtime music partner John Oates of committing the “ultimate partnership betrayal” by planning to sell his share of the Hall & Oates duo’s joint venture without the other’s permission, Hall said in a court declaration supporting his lawsuit to keep the transaction paused.
In the declaration filed Wednesday in a Nashville chancery court, Hall also lamented the deterioration of his relationship with and trust in his musical partner of more than a half-century. The joint venture in question includes Hall & Oates trademarks, personal name and likeness rights, record royalty income and website and social media assets, the declaration states.
A judge has issued a temporarily restraining order blocking the sale of Whole Oats Enterprises LLP to Primary Wave IP Investment Management LLC while legal proceedings and a previously initiated arbitration continue.
A court hearing is scheduled Thursday in the case. Hall is seeking further court action to keep the transaction on hold.
“While falsely contending over the last several months that the Oates Trust wanted to maintain ownership in WOE, John Oates and the Co-Trustees engaged in the ultimate partnership betrayal,” Hall said in a declaration. “They surreptitiously sought to sell half of the WOE assets without obtaining my written approval.
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USA — Financial Daryl Hall accuses John Oates of ‘ultimate partnership betrayal’