By Beth Bar
New York Law Journal
A company that anonymously bid $15 million last month for the rights to rock legend Jimi Hendrix’s songs could end up in a “purple haze” of regret as a result of litigation surrounding the sale.
On Nov. 6, Southern District of New York Judge Lewis A. Kaplan granted the Hendrix estate’s request for a preliminary injunction and attachment in its attempt to block the sale pending final resolution of issues.
Judge Kaplan said in Experience Hendrix v. Chalpin, 06 Civ. 9926, that the threat of irreparable injury to Hendrix’s estate was “palpable.” Moreover, he found the estate was likely to prevail on the merits of its claim that it owns the songs.
Judge Kaplan also issued an order of attachment last week requiring defendants Edward Chalpin, PPX Enterprises and PPX International to pay the Hendrix estate $941,711 the estate says it is owed, plus any interest accrued. (more…)