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September 08, 2005
Rio 1, Rod Stewart 0
After deliberating for about three hours, a federal jury in Las Vegas Wednesday found that Rod Stewart must repay the $2 million advance the Rio paid Stewart in 2000 for a concert the singer never performed. According to a jury spokesperson, the jury "faulted attorneys for both Stewart and the Rio who drafted the business contracts, saying they loaded key clauses with ambiguous language. The complicated wording and contradictory clauses made it hard to determine what should happen if Stewart was unable to perform." Stewart's attorneys plan to appeal.
September 8, 2005 in Recent Cases | Permalink
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