Though he went bankrupt nine years ago, a large portion of MC Hammer’s catalog is only now going on sale. Apparently claims from such entities as EMI Music Publishing and EMI Records had held up further action.
The publishing assets to be auctioned are from five different companies owned by Hammer. Furthermore:
“The bankruptcy trustee is attempting to locate 33 songwriters who had deals with the Hammer publishing companies. They risk losing their royalties if they do not contact attorney Terrance Stinnett with Goldberg, Stinnett, Meyers & Davis in San Francisco by Dec. 31. After that date, the royalties will by paid to the state of California as unclaimed property.”
The Billboard articles continues:
“According to an ad placed in the Nov. 5 issue of Billboard, bids are due by Feb. 28, 2006. For more information, contact Randall Wixen [of Wixen Music Publishing] at 24025 Park Sorrento, Suite 130, Calabasas, Calif. 91302.”
