The rock band Journey has compiled an impressive list of hits over the past 50 years, but the song that might now be resonating the loudest for some band and crew members is “Separate Ways.” The latest in a series of legal disputes with band founder and lead guitarist , longtime keyboardist Jonathan Cain is asking a Delaware judge to resolve a deadlock involving Freedom 2020, a company formed three years ago to oversee tour-related finances. According to court filings, Schon is president of Freedom 2020, but he and Cain each holds a 50% stake in the company.
In a petition filed last week, Cain said he and Schon “fundamentally disagree” on the management and operation of the company. He wants the court to appoint a custodian to act as an independent, deadlock-breaking director. Cain’s attorneys also asked the judge to fast-track the case amid the band’s current 50th Anniversary Freedom Tour, which concludes Nov.
17 in London. During a hearing Wednesday, Cain's attorney Sidney Liebesman told Vice Chancellor J. Travis Laster that the current situation is “dysfunctional.
” “It is in crisis,” Liebesman said. “The damage is taking place during the tour.” Liebesman complained that Schon is wasting company assets and believes that, as president of Freedom 2020, “he can do whatever he wants.
” “It is his self-interest that is driving his decision-making,” Liebesman said. In a court filing Monday, Schon’s attorneys said many of Cain’s allegations have .