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HV JVCo I LLC v. Open On Sunday LLC - Music Royalty Interest Dispute

Delaware Superior Court issued a decision after bench trial in a dispute between HV JVCo I LLC and Open On Sunday LLC over music royalty assets belonging to Fugees member Prakazrel Samuel Michel ("Pras"). The central issue was which party holds superior interest in Royalty Assets subject to a secured transaction executed in January 2022. The case turned on whether Pras's signature using a name variant ("Samuel Prakazrel Michel" vs. his legal name "Prakazrel Samuel Michel") affected the enforceability of the lien on the Royalty Assets.