Journey’s Cain Suing Schon After Alleged $1M Credit Card Bill

The authorized battle between Journey’s Neal Schon and Jonathan Cain has added a brand new chapter, with Cain now following via with a countersuit in opposition to Schon, alleging that the guitarist ran up over a $1 million invoice on the band’s shared American Express Card and is breaching his fiduciary obligation to the band’s company entity.

News of the divide between Schon and Cain got here to mild in November when Schon sued Cain over the band’s funds, alleging that he had been denied entry to the band’s monetary information and in addition alleging that Cain had arrange the band bank card with out telling him with “millions of Journey funds” flowing via it.

Cain quickly countered with a press release, revealing that he felt that Schon’s personal “reckless spending” was behind the authorized kerfuffle. “This is a matter that should have been resolved privately, but I am forced to publicly respond now to Neal’s malicious lies and personal attacks on my family and I in an effort to garner public support for his ill-conceived lawsuit — a lawsuit that has absolutely no merit,” stated Cain on the time, including, “Neal has always had access to the credit card statements; what he lacks — and what he is really seeking — is the ability to increase his spending limits.”

Now, per Billboard, Cain has countered Schon’s go well with with one in all his personal in opposition to the guitarist. In the Jan. 13 submitting, he alleged that Schon racked up over $1 million in fees on the band’s bank card, together with spending over $400,000 in a single month final yr. Cain filed his go well with in California state courtroom final week.

“Schon’s use of the [shared] AMEX card for personal expenses created serious liquidity problems for the band, as the AMEX balance had to be paid every month, and there were insufficient revenues to pay for other expenses as Schon saddled Journey with over $1 million of his personal expenses,” Cain’s attorneys wrote within the grievance.

According to the go well with, Cain says that Schon demanded suites at a Hawaiian lodge on the finish of a latest tour that value over $5,000 per night time, then stayed every week longer than essential. He additionally cited a invoice final March that exceeded $400,000 that got here from fees at Bergdorf Goodman division retailer in New York City in addition to different retailers.

“Schon’s charges placed considerable pressure on Journey and its ability to cover normal tour expenses,” his attorneys wrote. “Schon was spending Journey’s money, and Cain is the one who was and is ultimately liable for the AMEX Account and Schon’s charges on the AMEX Card.”

Cain is accusing Schon of breaching his fiduciary obligation to the band’s shared company entity.

Since the preliminary lawsuit, Schon has made a number of extra allegations regarding Cain and his household in regard to the monetary dispute. Among the newest was that Cain’s spouse, Paula White-Cain, had unlawfully accessed the band’s monetary account with out Schon’s consent.

Schon had additionally filed a cease-and-desist in opposition to Cain after the musician joined in a sing-along of “Don’t Stop Believin'” with a number of right-wing politicians at a celebration at Donald Trump’s Mar-a-Lago property.

Despite the authorized drama behind the scenes, Journey will reportedly hit the street with Schon and Cain for his or her fiftieth anniversary tour. Cain not too long ago shared that he can be “hitting the road with Journey.” This got here as Schon was championing a return of the band’s authentic keyboardist, Gregg Rolie, for the fiftieth anniversary tour. But it was not too long ago revealed that Rolie’s return was being met with resistance from two members of the band.