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Soundgarden Claim They Reject Buyout Offers in Response to Vicky Cornell Lawsuit


Soundgarden Claim They Reject Buyout Offers in Response to Vicky Cornell Lawsuit
Music
After the surviving members of the rock band broke their silence in their battle over Chris Cornell s stake in the brand, a lawyer for his widow calls their claim absurd and hypocritical.
Feb 23, 2021
Soundgarden are pushing back against
Chris Cornell s widow over her attempt to secure a buyout offer from the remaining bandmembers.
Vicky Cornell, who serves as her husband s estate representative, filed suit against
Kim Thayil,
Matt Cameron and
Ben Shepherd last week, ends February 19, asking a Washington judge to order a formal valuation of the band partnership to determine how much Chris share is worth. ....

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Soundgarden Respond to Cornell Lawsuit, Aim to Finish Final Album


The legal battles between the Cornell Estate and the surviving members of Soundgarden have been ongoing, and, in the latest lawsuit, Vicky Cornell is suing over an alleged buyout deal where the band offered $300,000 for Chris Cornell s share which only involved Soundgarden s recorded music, not other items such as branded merchandise and touring revenue.
The figure was deemed non-satisfactory as Vicky Cornell did not feel the number accurately reflected the worth of what was intended to be acquired. Thus, a lawsuit was filed to ensure proper accounting of the band s finances and worth.
In response to this (via Spin), Thayil, Cameron and Shepherd insisted the buyout offer was grossly mischaracterized and that clarity will come when the case is handled in court. ....

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