Comments on: Band Agreements and Lawsuits: Sugarland http://www.newrockstarphilosophy.com/2008/09/band-agreements-and-lawsuits-sugarland/ Tue, 01 May 2012 09:44:40 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Hoover & Voyno http://www.newrockstarphilosophy.com/2008/09/band-agreements-and-lawsuits-sugarland/comment-page-1/#comment-93 Hoover & Voyno Tue, 30 Sep 2008 03:53:18 +0000 http://newrockstarphilosophy.wordpress.com/?p=409#comment-93 Mitch, It's totally a business if you're planning to take things seriously. It's not always the easiest thing for bands to get their heads around, but if making a living off music is what you want, then you gotta. Barry, Thanks again for posting that blog and the comment. I'm looking forward to more of your posts. Hoover Mitch,

It’s totally a business if you’re planning to take things seriously. It’s not always the easiest thing for bands to get their heads around, but if making a living off music is what you want, then you gotta.

Barry,

Thanks again for posting that blog and the comment. I’m looking forward to more of your posts.

Hoover

]]> By: Hoover & Voyno http://www.newrockstarphilosophy.com/2008/09/band-agreements-and-lawsuits-sugarland/comment-page-1/#comment-736 Hoover & Voyno Tue, 30 Sep 2008 03:53:18 +0000 http://newrockstarphilosophy.wordpress.com/?p=409#comment-736 Mitch, It's totally a business if you're planning to take things seriously. It's not always the easiest thing for bands to get their heads around, but if making a living off music is what you want, then you gotta. Barry, Thanks again for posting that blog and the comment. I'm looking forward to more of your posts. Hoover Mitch,

It’s totally a business if you’re planning to take things seriously. It’s not always the easiest thing for bands to get their heads around, but if making a living off music is what you want, then you gotta.

Barry,

Thanks again for posting that blog and the comment. I’m looking forward to more of your posts.

Hoover

]]> By: Barry Shrum http://www.newrockstarphilosophy.com/2008/09/band-agreements-and-lawsuits-sugarland/comment-page-1/#comment-92 Barry Shrum Mon, 29 Sep 2008 19:12:23 +0000 http://newrockstarphilosophy.wordpress.com/?p=409#comment-92 Hoover - Thanks for the link. As Mitch says in his comment, a band would be wise to conduct their activities much like a business. Band members should consider what type of business entity they want to use to conduct business - not only is partnership an option, but many bands form closely-held corporations or a limited liability entities for this purpose. Research your options on the Internet and/or consult with an entertainment attorney to prevent misunderstandings. Just as with Sugarland, nothing like this is ever an issue until substantial sums of money start changing hands - then everyone who has any interest at all is suddenly interested! Hoover – Thanks for the link. As Mitch says in his comment, a band would be wise to conduct their activities much like a business. Band members should consider what type of business entity they want to use to conduct business – not only is partnership an option, but many bands form closely-held corporations or a limited liability entities for this purpose. Research your options on the Internet and/or consult with an entertainment attorney to prevent misunderstandings. Just as with Sugarland, nothing like this is ever an issue until substantial sums of money start changing hands – then everyone who has any interest at all is suddenly interested!

]]> By: Mitch http://www.newrockstarphilosophy.com/2008/09/band-agreements-and-lawsuits-sugarland/comment-page-1/#comment-91 Mitch Mon, 29 Sep 2008 16:45:50 +0000 http://newrockstarphilosophy.wordpress.com/?p=409#comment-91 Forming a band is very much like forming a business. Partnership and shareholder agreements are pretty much essential these days. Its good to get these types of things taken care of before hand rather than winding up in legal proceedings that can take months if not years to solve. Exit strategies are very helpful, that way everyone knows exactly what they are entitled to if someone breaks to the partnership. - MRW Forming a band is very much like forming a business. Partnership and shareholder agreements are pretty much essential these days. Its good to get these types of things taken care of before hand rather than winding up in legal proceedings that can take months if not years to solve. Exit strategies are very helpful, that way everyone knows exactly what they are entitled to if someone breaks to the partnership.

- MRW

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