22 Nov 2007
HUMMINGBIRD MUSIC LTD v. DINO ACCONCI AND ANOTHER
- Citation
- HUMMINGBIRD MUSIC LTD v. DINO ACCONCI AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA836/2007
The undertaking to pay 60% of 'net income' must be calculated after allowing only expenses referable to the Defendants as artistes and their performance work (recording, concerts, promotional appearances); strictly corporate overheads (rent, rates, electricity, staff salaries, messing) are not allowable, though rehearsal costs, specified fees and agent's salary are allowable; fresh accounts must be prepared on this basis and 60% of that net figure paid into court.