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Royalty Rights for Sale
Listing Information
Attachments
Royalty Rights for Sale
Price: $250,000.00
Other Item Info
Item #: casbke_441311
Created: 01/21/2023
Category: Business Property > Financial > Other
Sale Date: Thu. Feb 16, 2023
Created: 01/21/2023
Category: Business Property > Financial > Other
Sale Date: Thu. Feb 16, 2023
Seller Info
Richard C. Norton
Trustee's Attorney
525 B Street, Suite 1500
San Diego, CA 92101
(619) 233-8200
Trustee's Attorney
525 B Street, Suite 1500
San Diego, CA 92101
(619) 233-8200
Bankruptcy Info
Description
Sale of the Assigned Royalty Rights, which consists of the following:
- Fifty percent (50%) of certain royalty rights relating to the sale of community property books that were illustrated or authored by Kadir Nelson during the marriage (hereinafter the “Seller's Royalty Rights”);
- Twenty-five percent (25%) of the book royalties (her 50% attributable to the text) after the advance is paid off" in relation to "the text for the book ‘Nelson Mandela,'" (hereinafter the “Mandela Book Royalties”) ; and
- All payments arising from (i) and (ii) above which are paid or received after November 30, 2022.
Financial Overview
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