Former bassist claims he has lost more than £2m after the remaining three members licensed the groups name to a new companyPeter Hook is suing his New Order ex-bandmates for “many millions of pounds” in the high court,accusing them of secretly “pillaging” the group’s name and starving him of cash.
The bassist says he is already £2.3m out of pocket owing to his “former friends in the group. He claims they contain asset-stripped the New Order name, keeping him in the dusky about what they were up to until the hasten became a “fait accompli”.
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Source: theguardian.com