{"id":2913,"date":"2013-04-18T06:09:50","date_gmt":"2013-04-18T06:09:50","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2013\/04\/18\/the-hives-and-the-cardigans-involved-in-bizarre-band-loan-ruling\/"},"modified":"2013-04-18T06:09:50","modified_gmt":"2013-04-18T06:09:50","slug":"the-hives-and-the-cardigans-involved-in-bizarre-band-loan-ruling","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2013\/04\/18\/the-hives-and-the-cardigans-involved-in-bizarre-band-loan-ruling\/","title":{"rendered":"The Hives and the Cardigans involved in bizarre band-loan ruling"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/5\/5b\/The_Hives_PiP.jpg\/220px-The_Hives_PiP.jpg\" border=\"0\" width=\"157\" height=\"104\" \/><br \/>Defeat doesn&#8217;t come easy to the brash rock &#8216;n&#8217; rollers in the Hives. But a Swedish court may have just one-upped them with a multimillion-dollar ruling in a strange case of management malpractice, according to the BBC and Radio Sweden.   <!--more-->  <\/p>\n<p>The ruling orders the Hives to pay 18.5 million Swedish kronor (around $3 million U.S.) to another popular Swedish band, the pop-rock group the Cardigans. The two acts, along with several others, ran their band&#8217;s finances out of a bookkeeping company based in Malmo, Sweden, called Tambourine Studios.<\/p>\n<p>The court claims that Tambourine routinely moved large sums of money between the band&#8217;s accounts that amounted to loans, and that the Hives ultimately had to pay back the Cardigans for the loans and added legal fees.<\/p>\n<p>The Hives denied they were aware that any of this amounted to a formal loan, saying in a statement prior to the ruling that there was &#8220;no agreement on the loan, no signed documents, no agreements on interest rates or terms of repayment.&#8221;<\/p>\n<p>The Hives&#8217; lawyer said they plan to appeal the ruling. Swedish authorities are also investigating the Hives&#8217; claims that their signatures on several documents were forged.<\/p>\n<p>Last year, the band sued their accountant for not informing them about Tambourine&#8217;s accounting practices, and the verdict in that case is still pending. The band most recently performed in Los Angeles at Staples Center, opening for pop singer Pink.<\/p>\n<p>Source: The Los Angeles Times<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Defeat doesn&#8217;t come easy to the brash rock &#8216;n&#8217; rollers in the Hives. But a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-2913","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/2913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=2913"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/2913\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=2913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=2913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=2913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}