Legal Question in Entertainment Law in California

Re: contract needed for personal loan to artist for recording reprint

Are you making a loan or an investment? If it's a loan, you need a promissory note that specifies the amount loaned, the date the payment(s) are due, the interest rate, and what, if anything, is being given as collateral. That is not "entertainment/sport law."

If, on the other hand, this is an investment and you are risking that there will be no return in exchange for an ownership interest, I strongly suggest you consult with an entertainment attorney who is familiar with music financing agreements. They are much too complex to attempt to outline is a brief question/answer, and are well worth the expense if you think the recording is worthwhile.

Re: contract needed for personal loan to artist for recording reprint

I need a lot more details as is doing what, how money it is, whether the gross or net calutation, publishing, merchandising, break out rights, death of member etc... I have set up many such contracts. What collateral is being put if any, legal fees. I 2 really good bands One may get a shot at Viper room in LA where Most A&R types hang out. Most music lawyers charge around $300 an hour and want a $5000 retainer.

Re: contract needed for personal loan to artist for recording reprint

This would really be a production agreement. There are too many deal points to be able to give you a short answer.

I would be happy to give you legal assistance. You can see my bio at http://www.schinner.com/html/the_schinner_law_group_-_d__al.html