Lou Reed - Laurie Anderson Sues For Outstanding Lou Reed Concert Fee

Subscribe to Lou Reed alerts

Lou Reed's widow Laurie Anderson has asked a New York judge to enforce a compensation agreement awarded to the rock legend's estate following the cancellation of the inaugural Ur-1 Festival in 2012.

The Velvet Underground icon was among the acts set to perform at the Miami Beach event in Florida, alongside Kanye West, fun., The Offspring and Keane, and officials at Reed's company, Sister Ray Enterprises, collected a $20,000 (£11,765) advance at the time of the booking.

They were expecting the remaining $180,000 (£105,882) of the singer's fee in full after the 9 December, 2012 show, but the festival was axed at the last minute due to financial troubles.

Lawyers for Sister Ray entered arbitration talks with Go Big Productions promoter Alejandro Olmes in February (14), when Reed's estate was awarded the balance of the star's fee as the musician had been "ready, willing and able to perform" until Go Big bosses scrapped the gig.

Estate executors were also granted $7,100 (£4,176) in legal fees, reports the New York Post.

However, Anderson, the main beneficiary of Reed's $30 million (£17.65 million) estate, claims the funds have yet to be received and this week (ends08Aug14), she filed suit in Manhattan Supreme Court in a bid to secure payment.

Reed died in October, 2013 after a battle with liver disease. He was 71.


Tags: Lou Reed

Subscribe to Lou Reed alerts

More Lou Reed

Macaulay Culkin's Pizza-Themed Tribute Act Receives Death Threats From Fellow Pizza-Themed Act

Few people could have seen Macaulay Culkin's pizza-themed Velvet Underground tribute act, the imaginatively called The Pizza Underground, coming when it emerged on Bandcamp last...

New Yorkers Remember Lou Reed With Song Instead Of Speech

Fans of the late rocker Lou Reed gathered in New York to pay their respects by singing some of the former Velvet Underground frontman's songs...

Lou Reed's Estate: What He Left, And Who He Left It To

Velvet Underground frontman Lou Reed has left his estate to his musician wife Laurie Anderson and other relatives.Reed left his West 11th Street Manhattan penthouse,...

Lou Reed Aims To Continue Caring For His Mother, Sister & Wife Following His Death

As we continue to mourn the death of one of the most iconic and influential rock stars of the last 50 years, it has been...


Laurie Anderson Pays Tribute To Late Husband Lou Reed

Laurie Anderson's husband, Lou Reed, died on Sunday (Oct 27th) of an ailment following a liver transplant earlier this year in May.The rock & roll...

A Week In News: Lou Reed Dies, Celebs Go All Out For Halloween & Marvin Gaye's Kids On The Warpath

The Loss Of Lou Reed: Legendary Velvet Underground rocker Lou Reed died on Sunday 27th October after succumbing to liver disease, having battled with poor...

Lou Reed Music Sales Soar In Wake Of Death

Lou Reed, the 71 year-old singer and musician who died last Sunday, has experienced a massive surge of interest to his music and has seen...

How The Hell Did Anyone Confuse Lou Reed with Lou Bega?

If you’re the journalist responsible for confusing the identities of LOU REED and LOU BEGA, then, that’s pretty funny. You made a bad mistake, but,...



Lou Reed Newsletter

Subscribe to this news alert service to receive news and reviews on Lou Reed

Unsubscribe | Unsubscribe All