(TeamRock) A Day To Remember have won their drawn out legal battle with their former label Victory Records and have been awarded a financial settlement of $4million.
The Florida band have been locked in a legal argument with Victory since 2011 over a breach of contract. A Day To Remember claimed that they had fulfilled the terms of a five-album deal, while Victory insisted live recordings and re-releases didn't count.
Now a jury in the US state of Illinois have found in the band's favour, awarding them $4m for unpaid royalties, and agreeing that some of the albums supplied by the band did count towards the five-album total. The jury also gave the band the composition rights to their songs, while Victory Records were awarded the sound recording copyrights.
In a statement, the band say: "As many of you know, more than years years ago we filed a lawsuit against Victory Records seeking freedom and resolution on several issues we had with them. For the past two weeks we have been in court arguing our case. Yesterday, the jury came back with a unanimous verdict in the trial granting us that freedom and resolution." Read more here.
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