|Guns N' Roses' management firm, Big F D Entertainment, has filed a breach of contract lawsuit against the band's former guitarist and bassist, Slash and Duff McKagan, respectively. The complaint, filed in Los Angeles Superior Court, is for breach of written contract, accounting, and quantum meruit and is seeking no less than $400,000 and costs of the suit.
One of Big F D's complaints is that Slash (born Saul Hudson) and McKagan (born Michael McKagan) have refused to pay the firm monies earned from the recently-released live album, Live Era 1987-93, which the two appear on. The suit reads, in part, "Not only do these defendants refuse to pay for current efforts undertaken by Big F D, but they also now refuse to pay Big F D in conjunction with past services for which income continues and to which commission Big F D is unequivocally entitled ... [The live album] is among the work for which the defendants wish not to pay Big F D and for which they intend and have already kept the money owed to Big F D."
The suit also claims that Slash and McKagan breached the management contract they signed in 1991 (and amended in 1992) while in GNR -- which they are no longer members of -- by hiring independent managers in 1997 and again in 1999. According to the suit, the two were also to pay a percentage of earnings from their non-GNR work, which has not been paid.
"Big F D was to be paid pursuant to the management agreement a commission equal to 15%, excepting certain exclusions, of the gross earnings of the defendants annually received during the term of the management agreement," reads the suit. "Such gross earnings included moneys [sic] received by the defendants from any activities throughout the entertainment industry whether received as a member of Guns N' Roses or as a member of any other group or as a solo artist."
Big F D and Slash declined to comment on the suit, and McKagan was unreachable at press time.
-- Carrie Borzillo