About Royalty Disputes
Royalties: Usage Based Payments
For many industries located in Los Angeles and particularly the entertainment industry, royalty disputes can be a considerable legal problem. When a company fails to pay a royalty that is owed, you or your business can suffer a serious financial impact. Action can and should be taken immediately by contacting a skilled lawyer with extensive business litigation knowledge who can vigorously pursue your interests, whether in court or through
Royalty disputes often arise due to accounting methods used by the party failing to make the payments. If they have used some form of accounting tricks or improper methods to avoid showing any profits so as to evade payment, a skilled attorney will need to review the documentation in order to discover discrepancies.
Reasons for Royalty Disputes
Royalties are essentially payments for on the ongoing use of an asset or an intellectual property. There are different methods for determining the amount of royalties that should be paid, and the most common method involves paying a percentage of the gross or net revenues gained from the use of an asset. There are also copyright royalties that are used to prevent others from copying or creating derivative works that are similar to yours.
Every royalty dispute is unique, and our team takes the time to fully understand your situation and your concerns. We understand the difficult position that your company has been put in because you were not paid the royalties you deserve, and our business attorneys fight vigilantly to recover the full amount that is owed to you.
Protect Your Rights Now & for the Future
Whenever a royalty issue arises, it generally requires legal expertise in order to sort the matter out. Most companies failing to pay their royalties must be forced into doing so with the help of an attorney supporting your interests. Even if the opposition has retained their own legal counsel, many will agree to a settlement rather than risk exposure in court. Preparing a compelling case in pursuing your royalties is a complex task that requires the help of an attorney who is well-versed in this area of law.
While there may be many reasons why a company has failed to pay legitimate royalties, they still have a duty to make payment for the use of your property. If a proper contract exists granting these royalties to you or your company, it will be difficult for them to avoid having to provide the payments as required. Our firm is ready to aggressively pursue litigation as needed in order to obtain the royalties owed in addition to any other damages that may have resulted as a result of their failure to pay.