From left, Neal Schon and Jonathan Cain of the band Journey pose in the press room at the 2017 Rock and Roll Hall of Fame induction ceremony at the Barclays Center on Friday, April 7, 2017, in New York. Photo: Andy Kropa/Invision/AP Journey Bandmates in Corporate Deadlock Turns to Court of Chancery
Keyboardist Jonathan Cain, represented by Fox Rothschild, has filed a petition for the court to appoint a custodian to act as an independent third director of Freedom 2020 Inc., the operating entity in which Cain and Journey guitarist Neal Schon each hold 50% of the voting stock.
August 01, 2024 at 03:25 PM
2 minute read
Corporate Governance
The original version of this story was published on Delaware Business Court Insider
A member of Journey has stopped believin' that he and the other director of the band's operating company can reconcile business disagreements without intervention from the Delaware Court of Chancery.
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