Former Simon & Schuster CEO Richard Snyder is suing Warner Music honcho for $100 million because of a deal he says they had—evidence of which is maybe contained in the computer that he claims Bronfman's henchmen broke all on purpose. Yesterday we posted a portion of the suit entitled "Bronfman Jr.'s Illusory Record of Success," which basically goes on at length about how Bronfman has never achieved anything without help from his rich family, never went to college, and "set in motion the demolition of Seagram, by moving its assets into the mercurial world of entertainment, his personal passion." But one of the documents included with the complaint seems to indicate otherwise.
The claim cites Bronfman's "track record of proven operational success" with the integration of Universal Music and Polygram. Is it possible that Snyder's lawyers accidentally undermined their own contentions? Weird!
In any case, Bronfman's lawyer says in a statement today that the suit's claims are all "absolute fiction. Simply put, Dick Snyder did not work on the Warner Music Group transaction and there was never an agreement to compensate him for anything. Following Dick Snyder's departure from Golden Books, Edgar Bronfman Jr. provided him free office space. This is a case of no good deed going unpunished... We look forward to our day in court and are confident we will prevail." See you there then!
Earlier: Rich Man Sues Even Richer Man For $100 Million