A last-minute phone call from lawyers for LiveNation (formerly Clear Channel Entertainment) breathed life into seemingly dead settlement talks in the scandalous (!) case of fraud and accounting abuse at Shoreline Amphitheatre. The city council will hold a special, closed door meeting Friday afternoon to discuss its negotiating strategy and position.
We'll have an idea how those talks went by Monday morning, when the two sides are scheduled to meet in a San Jose courtroom and -- if a deal is not imminent -- proceed to trial.
City attorney Michael Martello said that it will take more than a weekend to settle the case, and that any settlement would involve renegotiating a complicated lease that is hundreds of pages long.
Friday, April 07, 2006
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment