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Wednesday, April 17, 2024 | Back issues
Courthouse News Service Courthouse News Service

Isley Brothers Royalties

The pioneer of Pullman Bonds, which are tradable securities backed by future royalties to musical recordings and compositions, claims in a federal complaint that the Isley Brothers sold rights to their songs behind their back after Pullman had negotiated exclusive rights to the songs in the late ’90s to save the band and its members from financial ruin.

MANHATTAN — The pioneer of Pullman Bonds, which are tradable securities backed by future royalties to musical recordings and compositions, claims in a federal complaint that the Isley Brothers sold rights to their songs behind their back after Pullman had negotiated exclusive rights to the songs in the late ’90s to save the band and its members from financial ruin. 

Categories / Business, Entertainment, Financial, Securities

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