AllRespect.com // Peter Hook sues New Order over unpaid royalties

Posted on 2015-12-08 03:00:09
Artist/band(s): Joy Division [FB]

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Source: http://www.punknews.org/article/59536/peter-hook-sues-new-order-over-unpaid-royalties

Peter Hook, formerly of Joy Division and New Order has filed a lawsuit against New Order. Hook alleges that when he left the group in 2007, he owned a 25% interest in Vitalturn Company Ltd, a company the band created after the collapse of Factory Records, which essentially owned New Order. However, Hook alleges that the remaining members of the band transferred the New Order assets to a new company called New Order Limited, which only paid a five percent royalty to Vitalturn. Thus, Hook alleges that where he is supposed to receive a 25 percent stake in the band, he now only receives a 1.25 percent stake.

New Order denied Hook's allegations. You can see the band's statement below. Hook recently released three live albums. Punknews spoke to Hook last year.

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