The putative class action lawsuit from a few artists whose master recordings were feared to have been destroyed in a 2008 fire on NBCUniversal's backlot is on the verge of falling apart thanks to a California federal judge's decision on Monday
about just who was impacted by the fire, but for the most part, the litigation was being led by Jane Petty, who was once married to the late Tom Petty and owned a 50 percent interest in his older recordings thanks to a 1996 divorce agreement.
But that's where Petty's wins end. Although she can attempt an amended complaint, the judge finds her claims as currently pled to be legally deficient. The bailment claim failed, too. This was one based on the allegation that valuable property was placed into Universal's possession for safekeeping and that the defendant had a duty to return it.
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