Pop superstar Prince canceled his sold-out appearance at Croke Park in Dublin just 13 days before the show was to take place on June 16, 2008, without giving any explanation, leaving promoters MCD facing the bill to refund 55,000 tickets.
MCD owner Denis Desmond took legal action against Prince, and the case went to Dublin’s Commercial Courts in February 2010 where it was settled after a four-day hearing, with the musician’s legal team agreeing to pay over $2 million in damages and almost $1 million in legal costs.
However, the sum was never paid by the initial March 2010 deadline, and Desmond and MCD were then granted a European Enforcement Order Certificate allowing them to pursue Prince’s assets under EU law.
In documents obtained by “The Irish Times,” MCD received a preliminary attachment of approximately $957,000 held in bank accounts by the 52-year-old singer in France and Portugal, but have received no money from the star.
Desmond has filed papers in Los Angeles Superior Court to allow him to pursue Prince’s assets in the U.S. to cover the initial settlement fee plus eight percent interest on the original sum which would add a potential $240,000 to the total figure.
If the court rules in the company’s favor then MCD could potentially try and seize Prince’s family home in Minneapolis and his personal wealth.
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