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Andrew Ryce

Robert Sillerman denied over $15 million by SFX



Summary/Commentary:

Former CEO Robert Sillerman has been denied $15 million dollars from SFX to pay for legal fees in the Chapter 11 bankruptcy case.

This article originally appeared on Resident Advisor

SFX has denied financial claims from its former CEO Robert Sillerman.

The electronic music conglomerate (which owns Beatport, among other properties) has hit hard times, declaring bankruptcy earlier this year. Now news has come that Sillerman, who stepped down in April, is asking the company for $500,000 to cover legal fees associated with the company, along with $15 million that he guaranteed himself in deals with Spotify and React Presents.

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Read the full story Andrew Ryce at Resident AdvisorAndrew Ryce at Resident Advisor





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