Dave Mustaine to pay $1.4M settlement following ex-manager’s lawsuit for “unpaid commissions” and firing
Megadeth’s Dave Mustaine has reportedly agreed to pay a $1.4 million settlement following a lawsuit filed by a former manager who claimed he was owed commissions after he was “unceremoniously” fired.
As per Billboard, the lawsuit was filed last year by Cory Brennan and Five B Artist Management. It alleged that Mustaine was refusing to pay more than $1 million in unpaid commissions after abruptly terminating Brennan’s position earlier that same year. Reports claim he was then replaced by Mustaine’s son.
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Mustaine and Megadeth have now agreed to pay Brennan and Five B a total of $1,400,006, reports state. However, it appears not all is revolved as Mustaine countersued Brennan last year, claiming his time as manager had been “plagued with missteps” that caused serious harm, including damaging Mustaine’s hearing. These claims have not been resolved by the settlement, and will continue to be litigated.
In a statement provided to Billboard on 13 November, Brennan’s attorney, Howard King, said that while his client was “displeased at having to sue an artist,” he was “gratified” by the settlement. He added, “Dave Mustaine, who has a known history of firing advisors, terminated Five B Artist Management after nine years of their having resurrected his failing career.
“Ignoring the success Five B had helped Dave achieve, including a campaign to help him win his first Grammy, the release of two hit albums, and the elevation of his touring from small clubs back to arenas and amphitheatres, Dave simply refused to pay commissions owing and forced 5B to file a lawsuit.”
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Source: www.guitar-bass.net
