PASSION RECORDS

I'm pretty sure that if the label has defaulted on any major area of a written contract (ie: and going into receivership would obviously be a major area!) then in many cases the ownership would revert back to the artist or label that any track was licensed from. Having said that Passion could always sell back catalogue as a 'going concern' or as an asset, if you follow what I'm getting at. I dont know how likely this is but it is possible that the back catalogue could be sold on to another label.

Ade

Just out of another intrest - my contract stated that i got my advance on the day of release i think ? i think i got it a year later after quite a bit of nagging so surely the contracts been voided pretty much straight away anyways  ?

There's a few resources online that may help. The BBC Radio 1 have a few legal guides, there's a contractual one here
its not entirely relevant as its mainly aimed at bands with album deals but there is a useful line here (and I quote)

Bankcruptcy..
If the record company goes into liquidation you should be able to terminate the agreement and get the rights in your recordings back.

The law section on the Radio 1 website was put together with the help of entertainment lawyer, Martin Dellor of Northrop McNaughtan Dellor solicitors.

Ade

I wouldn't do anything hasty right now, there's a number of reasons why the label may still exist & contracts binding.

sweet - good advice there deffinately  See how all this pans out over the next 6 months or something

i think we all saw this coming really

Who could you get in the shit with mate? Think Andys got enough on his plate, can't see him causing a stink, plus a contract is only good if someone is willing to enforce it and to do that you do need money to take it further

 

Universal Doubt was on Splitscreen, they went bust a while back, it's my track, i released it on my label, see where i'm going???

Totally mate yeah - i kinda thought in the same way really - i doubt Andy would take it further cus ive never bin in bad terms with him or nowt n always had a laff with him n stuff so i doubt he will have any problem with it anyways !! Will deffo see what happens in the next few months  Cheers Marc

This is where you should turn to the unions for free legal advice!

anyone who registered beforehand will find making moves a lot easier. i am not sure which unions are specific to producers but i am sure people on the board will know.

ah well. s'pose we'll all have to count our loss's then.
Yeah, I am pissed off that I've lost a fair amount of cash, but had sort of resigned myself to that anyway. I do think its a shit state of affairs but you all do need to remember that Andy has a wife, a kid and a big morgage, and that passion records was the supporter of those things, I doubt that a few people moanin about losin a few hundred quid each from a label that was only a hobby anyway is really gonna do much to his situation to be fair......... He's surely got far worse things to worry about.

 

Fair play mate!  I can really understand the shit you guys have to face now but as NooNoo said,  Andy is a good guy in a shit situation.  I'm sure he has been robbing peter to pay paul for sometime now, and maybe it was wrong not to tell people what was going on but then doing that is the worse thing he could of done for his business, I doubt he thought that it would ever end up like this!

You would imagine that but unfortunately it is not the case unless there is actually a clause in the agreement stating something to teh effect of 'Any material breach of this agreement unremedied within 30 days of notification in writing shall render it null and void and all rights shall revert to ...." A bancuptcy clause would be needed in this case which would be something like " In the event of label becoming bankrupt all rights shall return unencumbered to artist and may not be assigned" Without them,  and most short form 1 page micky mouse agreements  knocked up on the back of a fag packet will not have them you are royally fucked.

I had a very similar thing with a pretty large label way back...they had never paid a penny, never sent statements (whoever receives those eh????? from anyone???) took it through solicitors and was told that the contract had NOT been breached and was still valid. Basically unless there is a specific breach clause within the contract you are completely fucked....

However I asume (but get this checked out) it also works the other way in that YOU can do what the fuck you like and if there is no breach clause, likewise, you haven't breached the contract....

So....pretty much as I always say to people these days, most of these contracts are NOT worth the paper they are written on and most of the labels are just tin pot. Do what the fuck you want and don't worry about it. No one is going to sue you for selling your own tune and making a couple of hundred quid which you've been screwed out of in the first place - it will cost them FAR more in legal fees to do anything...and you can always sort things out London stylee

ANDY HAS GONE BANKRUPT

 there is usually always one

I think what yu meant is Andy's a theiving cunt!!

What i think he meant was quit beating a dead horse

9,ooo records jonny el ,zippy ,adz etc etc make an offer

all brand new in boxes and covers not asking for the moon for them

WTF

all job lot 50p each  they are selling for 5 to 6 pound each

you are all so worried about these records why dont you buy them and open a shop as im sure people want to buy them im selling for wat i paid

Andy????  IS that you ?????