Saturday, October 28, 2006

Sold! The Right To Be A Litigant

WSJ Law Blog reports from the Ocean Tomo IP auction.

Regarding the the Jimi Hendrix lots:

It’s a high-risk purchase: Hendrix’s catalog is currently the subject of a bitter legal dispute between Jeffrey’s estate and the Hendrix family. Jeffrey, who died in a plane crash in 1973 just three years after Hendrix died, left his estate to fourteen U.K. charities. But Hendrix’s heirs claim they own the rights to Jimi’s music and yesterday, a spokesman for the family told Reuters, “Whoever bought this bought themselves the right to be a litigant.”



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