Linda Ikeji Blog has published the letter written by Peter Okoye to the attorney representing Square Records in which Peter seeks a dissolution of the business. The letter was written September 21st, 2017, only four days ago, and Ikeji already has her hands on it.
Now typically, it would not be a big deal, per se, to get exclusivity on a legal document, i.e. a demand letter usually coming from the lawyers in behalf of their clients or court documents. But this situation is different.
AML people, as a teaching point, Peter is a shareholder of a business writing a letter to the company’s lawyer who is tasked with representing the best interests of Square Records which includes Peter’s interest. How did this letter get from Peter to Linda Ikeji? Did Peter ask his representatives to share it with Ikeji? At a minimum, Peter should be highly concerned about protecting the privacy of this document, at this initial stage, before the lawsuits officially begin and the world should not have been privileged to see this document.
If you are in this situation, you want to ensure you maintain confidentiality of your matter, certainly in the pre-litigation phase of your case. Even when you do litigate, should you reach a settlement, 99.9% of cases that settle, settle confidentially. The public doesn’t get to see or know the contents of the settlement.
In my view, from the onset of the internal conflict between the brothers, Peter somehow manages to take private business and family matters which can be resolved in the absence of the public eye to the public and social media. I, therefore, find it ironic that he is accusing his brothers of taking his matters to social media in his letter.
As to the threats of violence, there is no room for violence towards one another or others. While the brothers have indeed engaged in physical altercations in the past, there is no room for it, and definitely no one should be walking around feeling unsafe. However, there are two sides to every story. Peter’s brothers have been very quiet from day one while Peter, for the most part, solicits the sympathetic ears and emotions of the public. As he continues, I can tell you all, for free, that this case will be very messy and ugly. So, if you are a fan or an industry professional, brace yourselves.
It really doesn’t look good from where I sit and frankly, no one can stop the pain and damage that lies ahead, except these brothers. So far, they are unwilling to do so.
It is rather unfortunate that it has come down to this.
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