Capitol Records Claim to Beatles Rights Against Vee-Jay Undecided in Windy City
CHICAGO — The Capitol–Vee Jay lawsuit over Beatles product was in what one attorney described as a “state of limbo,” with counsel for both sides due in Appelate Court last Friday (February 7) afternoon for further hearings.
Last Wednesday (February 5). the Appelate Court granted Vee Jay stay on Capitol’s injunction prohibiting Vee Jay from selling Beatles records.
The stay was issued pending Vee-Jay’s appeal and on the condition that Vee-Jay post a S30,000 bond. The bond was posted, but, meanwhile, Capitol attorneys filed a petition for rehearing.
The rehearing was scheduled for Friday (February 7). and the court held off approval of the Vee Jay bond pending the out come of the hearing. Vee Jay thus continued to be prohibited from shipping or manufacture Beatles records, though the situation could conceivably be different as this (Billboard) issue comes off the press. END
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Credit source information: Billboard, February 15, 1964
A MCRFB Note: For a recent post regarding this Billboard story GO HERE