More from year 1971
Jun 15, 1970
Apr 09, 1970
Spread the love! If you like what you are seeing, share it on social networks and let others know about The Paul McCartney Project.
RECEIVER NAMED FOR THE BEATLES;McCartney Victor in First Episode in Legal Contest
LONDON, March 12 — Paul McCartney today won the first round in his battle to dissolve the Beatles’ partnership when a High Court judge appointed a public receiver to manage the group’s assets.
The ruling ousts the American producer, Allen Klein, and his company, Abkco Industries, Inc., as the Beatles’ manager.
However, the appointment of the receiver and manager was stayed, or postponed, for seven days pending a possible appeal by the other Beatles, John Lennon, George Harrison, and Ringo Starr, who have opposed Mr. McCartney’s action. The lawyer for the three men said no decision had been’ made.
None of the Beatles nor Mr. Klein were in the London courtroom to hear the two‐hour judgment.
The judge, Sir Blanshard Stamp, said there had been no evidence that Mr. Klein had put or would put money from the Beatles’ partnership into his own pocket. But he said Mr. McCartney’s mistrust was justified in view of Mr. Klein’s dealings with an American company, Cameo Parkway, Inc., and his conviction Jn New York on income tax charges even though the conviction is being appealed,
London Accountant Named
Mr. McCartney had sought the appointment of a receive, to protect his interests until his suit for legal dissolution of the group is heard later this year. The court named James D. Spooner, a London accountant, to the post.
Three of the Beatles attributed the substantial increase in their income to Mr. Klein’s efforts and wanted to continue his employment, the judge said, but Mr. McCartney had never signed the document making Mr. Klein’s company the Beatles’ manager and did not consider himself bound by it.
Judge Stamp said he was satisfied that Abkco had received commissions “grossly in excess” of those specified in its appointment, but he said this had apparently been arranged in a later agreement between Mr. Klein and three of the Beatles without reference to Mr. McCartney. The judge suggested that the other Beatles might have committed ‘’a grave breach of their duties as partners.”
“I am satisfied on the accounts that the financial situation is confused, uncertain and inconclusive,” the judge said.From The New York Times, March 13, 1971
Last updated on May 2, 2022
"An updated edition of the best-seller. The story of what happened to the band members, their families and friends after the 1970 break-up is brought right up to date. A fascinating and meticulous piece of Beatles scholarship."
We owe a lot to Keith Badman for the creation of those pages, but you really have to buy this book to get all the details - a day to day chronology of what happened to the four Beatles after the break-up and how their stories intertwined together!
This edition of the book compiles more outrageous opinions and unrehearsed interviews from the former Beatles and the people who surrounded them. Keith Badman unearths a treasury of Beatles sound bites and points-of-view, taken from the post break up years. Includes insights from Yoko Ono, Linda McCartney, Barbara Bach and many more.
This very special RAM special is the first in a series. This is a Timeline for 1970 – 1971 when McCartney started writing and planning RAM in the summer of 1970 and ending with the release of the first Wings album WILD LIFE in December 1971. [...] One thing I noted when exploring the material inside the deluxe RAM remaster is that the book contains many mistakes. A couple of dates are completely inaccurate and the story is far from complete. For this reason, I started to compile a Timeline for the 1970/1971 period filling the gaps and correcting the mistakes. The result is this Maccazine special. As the Timeline was way too long for one special, we decided to do a double issue (issue 3, 2012 and issue 1, 2013).