Well, after this, I'm done. I'm not going to get any further into it with your ridiculous accusations about me getting emotional, which I'm not, or your attempts at insults with stuff like "Sorry. You sound like a Valory fanboy that sped-read a poorly sourced blabbermouth article on the issue." I think you project your insecurities and I'm just not going to put up with it.
The contract that allowed Journey to continue post-Perry is the amended 1998 Elmo agreement. Nightmare didn't sign it. If that's null and void, we should have seen alot more lawsuits by now. If Ross didn't agree with Elmo negotiating the terms of Journey's revenue, why did he tour with them for decades?
You're wrong. If you read through that document, it is nothing more then the negotiation to get Perry out of Elmo. There is no mention of a contract with Nightmare. There is NO document the shows a license between Nightmare and Elmo or NoMoTa after Herbie's 1994 letter. As I said, they seem to be operating with handshake deals without anything being formal.
And, as Ross pointed out in his counter suit, it is this very document that says, "Notwithstanding the above, Schon and Cain hereby acknowledge that Nightmare Productions, Inc. (currently known as N.M. Productions Inc. ("NM")) is the current owner of the Name and that its approval may be necessary to use the Name. As a shareholder of NM, Perry hereby agrees that he will vote in favor of NM granting such approval, provided that if the corporation and/or any NM shareholder receives any consideration, directly or indirectly, in connection with such grant of rights, then Pcny shall receive the same consideration."
So, where is THAT agreement. The one that Perry said he would vote in favor of because Nightmare is the current owner of the Name and its approval may be necessary to use the Name? Where are the notes from THAT shareholder meeting where they voted to allow NoMoTa to use the name? Where is ANY evidence that Nightmare licensed the name or trademark to NoMoTa? I see none.
Monker wrote:You, and Neal are just guessing about such things. In fact, IMO, you and Neal are completely miscalculating everybody's motivation.
Not at all. Just referencing the lawsuit again. Unlike you, this isn't an emotional issue for me. Quote below.
What you quoted had NOTHING to do with Smith and Valory's motivations about being on the board of Nightmare and everything else that prompted Neal's knee-jerk lawsuit. In Ross's counter suit he specifically says that they replaced Neal and Jonathan because of the trademark violation of JTT and protecting the Journey name. That is much more realistic then a crazy scheme for retirement.
That new entity became Nomota (No More Tails). Again, the idea that Valory/Smith just have to deal with Nightmare is wrong. There's Elmo and there's NOMOTA too.
First, Nightmare owns the trademark...not Elmo and not NoMoTa. They are who have historically protected the mark. They own it. They were voted into those positions, they didn't just magically appear. Lastly, if it were not a threat, Neal would not have freaked and sued them.
Monker wrote:Elmo has not had a license to the Journey name since 1994.
The amended Elmo agreement signed by Perry/Schon/Cain is from 1998. [/quote]
That was NOT a contract with Nightmare. That a negotiation for Perry's exit from Elmo. Nightmare did not even have a place to sign the document. The contract with Nightmare ended in 1994. If there was an agreement after that, it was either not a signed contract, or was not presented in the various lawsuits.
Like I said, if the 1998 amended Elmo agreement is legally invalid (allowing the band to move forward), why is Ross just suing now? He is basically admitting that he has been a part of an illegitimate enterprise for decades. Sounds like self-incrimination! What a clueless asshole!
Oh, please that is just a ridiculous statement. The 1998 agreement was between Schon, Cain, and Perry. It had NOTHING to do with Nightmare giving them license to the name. Nightmare is managing the trademanrk, not how the money is split from touring or album sales...that is what Elmo/NoMoTa is for. If you look it up, the band members are employees of NoMoTa. It is a business. Ross is bringing it up now to ask the court to rule who owns the Journey name. NoMoTa/Elmo has NEVER owned the Journey name....and Ross knows that and has documented proof of that.
Schon/Cain produced documents as well - including the amended Elmo agreement in 1998, which is the entire basis for the band moving on from Steve Perry. If that wasn't legit, why didn't Nightmare block it? You said they were actively managing the mark, right?
Nightmare has no place in "blocking" an agreement between partners in a different LLC. That is an ignorant question.
I'll ask you again - if Nightmare owned and managed the mark, why was the Perry/Schon/Cain amended Elmo agreement allowed to happen? And why has that document been the basis for everything (from touring profits to the back catalogue etc) from 1998 till now?
Nightmare has no say in how another company directs its affairs. That's like asking why HP doesn't control how Best Buy pays its employees. It's an ignorant question.
Once again, if the Elmo license was revoked, why is the entire legal basis for Journey based on a 1998 amended Elmo bros. agreement? Either the Elmo amendment carries the weight of the law or it does not. And if it doesn't, why did it take Nightmare and Ross over 20 years to realize that?
You are simply ignorant of what the 1998 agreement is.
Show me a contract after the 1994 letter from Herbie. THAT is what is missing. The Elmo agreement is irrelevant. It had NOTHING to do with a license agreement with Nightmare.
And, that's it. I'm done with this argument for now.