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Coldplay faces his former representative and countersuit for a millionaire sum of money

British musical group Coldplay and his former representative Dave Holmes have sued each other at the High Court in London, the BBC reports this Monday. Holmes, who worked with the band from 2005 to 2022, filed a lawsuit last August for 10 million pounds (about 12 million euros) in unpaid commissions.

For its part, the band led by Chris Martin filed a lawsuit last week in which it rejects that request and claims 14 million pounds (16 million euros) in damages, arguing that the agent allowed the costs of his tour will be triggered, among other things.

The BBC notes that the case will go to trial if the parties do not previously reach an agreement. According to the public broadcaster, Holmes is demanding that he be paid commissions for two unreleased albums that he helped organize before his contract was not renewed last year.

According to their lawyers, the band was paid an advance of 35 million pounds (40 million euros) for their tenth album and 30 million (34 million euros) for albums 11 and 12.

Holmes maintains that he helped manage the recording sessions, clean samples and contacted producer Max Martin, so he is asking the court to declare a contract covering the tenth and eleventh albums valid and authorize payment of commissions. that would have corresponded to him, explains the BBC.

In his claim, Coldplay alleges, for its part, that the agent took advantage of his relationship with the band to obtain loans totaling $30 million. (28 million euros) from concert promoters Live Nation.

“As far as we know, Mr. Holmes used money obtained through the loan agreements to finance a real estate development company in or around Vancouver, Canada,” the musicians have declared, according to the BBC.

The group maintains that this debt could have undermined Holmes’ ability to negotiate favorable terms for his current “Music of The Spheres” tour, and accuse him of not having properly monitored the costs and budget of the tour, purchasing unnecessary or unusable material. .

With information from EFE

Source: Elcomercio

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