ABKCO Music & Records Inc. v. Chimeron LLC

SUMMARY ORDER

Appellant ABKCO Music & Records Inc. (“ABKCO”) initiated this action in the district court on April 12, 2010, seeking a declaration that, as of December 31, 2008, it was not indebted to Chimeron LLC (“Chimeron”) under a series of recording and distribution agreements entered into in the 1960s by the music group Herman’s Hermits (“the Hermits”), record producers Mickie Most and Reverse Producers Corp. (“Reverse”), and distributor MGM Music & Records, Inc. (“MGM”). Chimeron counterclaimed, seeking damages for breach of contract. The claims proceeded to trial and, on February 1,…