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Thread started 11/13/17 5:43pm

FlyOnTheWall

Comerica punches back against Prince heirs

Bank managing Prince's estate punches back against heirs

Comerica Bank & Trust files documents countering claims by heirs that bank has cost the estate millions in lost revenue.

By David Chanen Star Tribune

NOVEMBER 13, 2017 — 5:55PM

1510613522_10080361+Prince+Anniversary+Estate.JPG?w=525
LIU HEUNG SHING, ASSOCIATED PRESS FILE


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Reply #1 posted 11/13/17 6:21pm

HatrinaHaterwi
tz

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In the petition to replace Comerica, the Nelsons objected to the bank's removal of unreleased music and videos kept in a vault at Paisley Park Studio in Chanhassen. The materials were trucked to a facility in Los Angeles.

Comerica said it did so because mold and water had damaged some of the materials.



Well shit, that part right there speaks louder to me than any of the rest of this bullshit and is pretty much ALL that needs to be understood. disbelief

"Something...do not compute." disbelief
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Reply #2 posted 11/13/17 6:42pm

laytonian

HatrinaHaterwitz said:

In the petition to replace Comerica, the Nelsons objected to the bank's removal of unreleased music and videos kept in a vault at Paisley Park Studio in Chanhassen. The materials were trucked to a facility in Los Angeles.

Comerica said it did so because mold and water had damaged some of the materials.



Well shit, that part right there speaks louder to me than any of the rest of this bullshit and is pretty much ALL that needs to be understood. disbelief

We knew that years ago.

The vault had flooded and items were on the flour in boxes...and on the floor in the anteroom. Plus there were boxes and boxes of recordings on warehouse shelves in other buildings he owned.

Welcome to "the org", laytonian… come bathe with me.
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Reply #3 posted 11/13/17 6:48pm

rogifan

Comerica delivered a beat down. SNJ should be ashamed & embarrassed.

http://www.mncourts.gov/m...-10-17.pdf
Paisley Park is in your heart
#PrinceForever 💜
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Reply #4 posted 11/13/17 6:52pm

laurarichardso
n

rogifan said:

Comerica delivered a beat down. SNJ should be ashamed & embarrassed. http://www.mncourts.gov/m...-10-17.pdf

They should just stop this now. These are reputable companies who thus far have worked very hard to montize the estate. They have deals they are working on and even Omarr is saying that at no time at any of the meetings has anyone at Comerica threaten or attacked anyone.

They need to stop listening to LM and find a reputable business consultant.

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Reply #5 posted 11/13/17 7:02pm

luv4u

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rogifan said:

Comerica delivered a beat down. SNJ should be ashamed & embarrassed. http://www.mncourts.gov/m...-10-17.pdf


Comerica, I think, is doing an amazing job.

Edmonton, AB - canada

Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #6 posted 11/13/17 7:06pm

purplerabbitho
le

Is it wrong that I am rooting for a bank to win? If you knew me, you know how hard that is for me to say...LOL.

But greed is greed. Siblings in their 70's who Prince had little to do with and who don't really seem to appreciate his music and who want their money before they kick off and have little concern for the long run or P's legacy...well, I have little sympathy for them. It feels like they are sabotaging his legacy for a pay-off they expect in the next couple years. I wish the estate could just issue each one of them a five million dollar check and send them on their marry way....

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Reply #7 posted 11/13/17 7:11pm

HatrinaHaterwi
tz

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laurarichardson said:

rogifan said:

Comerica delivered a beat down. SNJ should be ashamed & embarrassed. http://www.mncourts.gov/m...-10-17.pdf

They should just stop this now. These are reputable companies who thus far have worked very hard to montize the estate. They have deals they are working on and even Omarr is saying that at no time at any of the meetings has anyone at Comerica threaten or attacked anyone.

They need to stop listening to LM and find a reputable business consultant.

Their 'entertainment advisor'. giggle

"Something...do not compute." disbelief
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Reply #8 posted 11/13/17 7:22pm

xtz

rogifan said:

Comerica delivered a beat down. SNJ should be ashamed & embarrassed. http://www.mncourts.gov/m...-10-17.pdf

Oh this is an interesting read with some annoyingly redacted information - including use of Iron Mountain to present unseen footage to an entertainment partner (probably Netflix) as part of negotiations, the number of tapes catalogued (blanked out) and progress (90% properly entered into an Access database).


Cool stuff.

Also, 'Go Comerica'.

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Reply #9 posted 11/13/17 9:03pm

luv4u

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lock

There is an Estate thread. It is being discussed here http://prince.org/msg/7/4...?&pg=4

Edmonton, AB - canada

Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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