Jonathan Cain is claiming victory in his ongoing legal battle against Journey bandmate Neal Schon. The latest development finds the Delaware Chancery Court appointing Joseph R. Slights III to act as a custodian of the pair's company, allowing him to act as a deadlock-breaking casting vote in the case of disputes.
In a statement, Cain's legal team say, "Jonathan Cain is pleased to announce the resolution of the recent legal dispute between him and Journey bandmate Neal Schon in connection with the deadlock in the management of their touring company, Freedom 2020, Inc. resulting from Messrs. Cain and Schon each owning 50% of the company and each serving as the company’s sole directors.
