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Dispute over failed Lady Gaga performance settled

15:30 24/01/2013

MOSCOW, January 24 - RAPSI. TV Service has reported to the U.S. court that its lawsuit regarding a canceled Lady Gaga concert in Moscow has been resolved amicably, the U.S. District Court for the Southern District of Florida told the Russian Legal Information Agency (RAPSI/rapsinews.com) on Thursday. TV Service owns the MUZ-TV channel.

Earlier, the court awarded MUZ-TV $1.65 million in its lawsuit against U.S. businessman George Sergeev and his World Media Alliance (WMA) producers, who failed to secure Lady Gaga's performance in Moscow. The defendants included the NWE Talent Agency & Management Company, agent Ryan Burke, Sergeev, WMA, and Vision Entertainment Worldwide.

The claims against the defendants were resolved out of court. Thus, the lawsuit will be closed. The petitions filed under the dispute included an injunction to remove the arrest on the defendants' assets worth $1 million.

The lawsuit was brought to the court on January 26, 2011.

The plaintiff maintained that NWE agreed to secure Lady Gaga's performance at a music awards ceremony. MUZ-TV then transferred the requested amount to NWE's "escrow account." However, according to MUZ-TV, NWE did not start negotiations with Lady Gaga's managers. Although the plaintiff demanded to return the money, the defendants refused and MUZ-TV went to court in Florida, seeking to return the funds and to recover damages. The judicial documents state that the deposit amounted to $1.65 million. NWE received $1.5 million of the funds, while the remaining $150,000 was transferred to Sergeev's company.

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Dispute over failed Lady Gaga performance settled

15:30 24/01/2013 TV Service has reported to the U.S. court that its lawsuit regarding a canceled Lady Gaga concert in Moscow has been resolved amicably, the U.S. District Court for the Southern District of Florida told the Russian Legal Information Agency (RAPSI/rapsinews.com) on Thursday. TV Service owns the MUZ-TV channel.
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