What is the name of your state? NY
My question basically relates to contracts in the music business. You see as of April 2002 I was asked to manage a R&B group which consist of 4 men. Initially, I did not throw a management contract in their face because I was still getting to know the group and wanted time to figure of what their exact needs were pertaining to their artistry. I came to the conclusion that artist development was definitely on the list of to do's. However, by the end of June the guys approached me and asked what I wanted to be compensated as their personal manager. I presented them with a standard management agreement and advised them to take it to a lawyer. At the time they couldn't afford a huge lawyers fee so I recommended (as I always do) Volunteer Lawyers of the Arts (VLA). The guys made an appointment and visited their office a couple of weeks later. After they met with the VLA lawyer they returned the contract to me. After I reviewed the contract, the lawyer noted minor revisions, and the group and I proceed to discussed small negotiations via email. By August 2002 negotiations had been settled, the contract had been totally revised and I submitted the new contract back to group so that could have the lawyer review it before they signed. The group was having difficulty getting in contact with the lawyer and never physically signed the contract. However, we mutually agreed to every word it represented and I continued to work on their behalf in good faith- I have continually paid for studio time, vocal lessons, a choreographer and introduced them to several producers who have enhanced their music production.
Is our agreement binding?
My question basically relates to contracts in the music business. You see as of April 2002 I was asked to manage a R&B group which consist of 4 men. Initially, I did not throw a management contract in their face because I was still getting to know the group and wanted time to figure of what their exact needs were pertaining to their artistry. I came to the conclusion that artist development was definitely on the list of to do's. However, by the end of June the guys approached me and asked what I wanted to be compensated as their personal manager. I presented them with a standard management agreement and advised them to take it to a lawyer. At the time they couldn't afford a huge lawyers fee so I recommended (as I always do) Volunteer Lawyers of the Arts (VLA). The guys made an appointment and visited their office a couple of weeks later. After they met with the VLA lawyer they returned the contract to me. After I reviewed the contract, the lawyer noted minor revisions, and the group and I proceed to discussed small negotiations via email. By August 2002 negotiations had been settled, the contract had been totally revised and I submitted the new contract back to group so that could have the lawyer review it before they signed. The group was having difficulty getting in contact with the lawyer and never physically signed the contract. However, we mutually agreed to every word it represented and I continued to work on their behalf in good faith- I have continually paid for studio time, vocal lessons, a choreographer and introduced them to several producers who have enhanced their music production.
Is our agreement binding?
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