One of two businesses that collaborated to put on the Kaaboo Del Mar music festival near San Diego defeated the other Friday in a legal dispute over a $10 million transaction.
Judge Paul R. Wallace ruled largely for Virgin Fest LLC, a marketing company that has a licensing deal with an affiliate of British billionaire Richard Branson. The case concerned its partial buyout of Surf’s Up Legacy Partners LLC, original producer of the Kaaboo festival, which presents itself as an upscale event featuring A-list acts including Aerosmith, Snoop Dogg, and Pink.
Wallace, writing for Delaware’s Superior Court, said Surf’s Up—formerly ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.