Fleetwood Mac going its own way from lawyer
12:12 PM PDT 4/10/2009 by Eriq Gardner
Fleetwood Mac says it got some very bad legal advice. So bad that band members now owe $4.5 million to the BBC in attorney's fees and want their own attorney to foot the bill.
The situation started innocently enough in 2003, when the band filed suit against the BBC in an attempt to protect distribution rights to rare musical recordings worth about $100 million, according to The National Law Journal.
They gave their lawyer, Paul McDonald of Bernstein Shur Sawyer & Nelson, an upfront fee of $250,000 and also agreed to further contingency fees.
The lawsuit against the BBC couldn't have gone worse. Two years later, BBC filed a countersuit against Fleetwood Mac's company, Bee Load, and won $150,000 in damages, which drove Bee Load into bankruptcy. But the kicker was when the court also made the band pay $4.5 million in attorney's fees under a British law called "Funders' Rule."
Now, drummer Mick Fleetwood has filed a lawsuit in Maine federal court against McDonald and the firm, saying the band asked its lawyer at the beginning of the case if they could be liable for BBC attorney's fees if they lost. McDonald allegedly answered, "No chance."
- MOST SHARED
- MOST POPULAR
Weekend Box Office
For the weekend of 12/06/2013 Source: Rentrak