“In 1990, Cher formed The Veritas Trust, initially known as the Inshallah Trust, and transferred to herself, as Trustee of that Trust, her undivided fifty percent ownership of the Royalties, including her rights to receive accountings and payments with respect to her fifty percent interest.”
She alleges that at some time prior to April 2011, the heirs transferred their rights to receive Royalties, subject to their obligations to pay. And also account to Cher, as the plaintiff with respect to her fifty percent of the Royalties, to The Bono Collection Trust with Mary Bono as the sole Trustee.
Wixen Music gets big payouts
In 2018 Wixen was in the news for its massive lawsuit against Spotify. Their business seems to be based on obtaining music rights.
Around 2011, the Bono Collection Trust and The Veritas Trust entered into three agreements with Wixen Music Publishing.
The first gave them a ten percent commission on publishing income with respect to the Songs and Music.
The second gave them rights to collect record royalties and certain performance monies. And gave Wixen an additional ten percent commission.
