Journey's Cain and Schon Resolve Legal Dispute
Journey's Cain and Schon Resolve Legal Dispute
Journey's Cain and Schon Resolve Legal Dispute
News summary

Journey band members Jonathan Cain and Neal Schon have resolved their legal dispute regarding the management of their business subsidiary, Freedom 2020, just as the band celebrates its 50th Anniversary with a nationwide tour. The Delaware Chancery Court appointed former Vice Chancellor Joseph Slights as a third independent director to break future deadlocks between the two, with Cain expressing satisfaction over the court's decision. The conflict stemmed from accusations by Cain that Schon mismanaged funds, including taking a $1.5 million advance for tour expenses against Cain's preference for a $500,000 advance, and overspending on hotel accommodations. Although Schon has agreed to the appointment of the custodian, tensions remain evident, particularly as Cain's legal team accused him of trying to limit the custodian's role. With the legal issues settled, Journey is set to continue their tour, performing in San Diego following a show in San Francisco. The resolution comes amidst ongoing tour engagements and speculation about the band’s future plans.

Story Coverage
Bias Distribution
100% Left
Information Sources
bfb2a97b-336e-48d9-b69a-147df7862dc28898edb7-31c0-4c9c-856f-372e91a6cb1c166bc319-c612-4063-955b-1bdc4fec97ff
Left 100%
Coverage Details
Total News Sources
3
Left
3
Center
0
Right
0
Unrated
0
Last Updated
20 days ago
Bias Distribution
100% Left

Open Story Timeline

Story timeline 1Story timeline 2Story timeline 3Story timeline 4Story timeline 5Story timeline 6Story timeline 7Story timeline 8Story timeline 9Story timeline 10Story timeline 11Story timeline 12Story timeline 13Story timeline 14

Analyze and predict the
development of events

Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News