A bid from a record company to resurrect a $65 million lawsuit against David Bowie has failed. The Associated Press reports that the New York State Court of Appeals has refused a request from Savage Records to reinstate litigation that accused Bowie of conspiring with the label's distributor, BMG, to harm Savage.
Bowie signed a $3.4 million, three-album deal with Savage, which was also home to Gene Loves Jezebel, and released his album, "Black Tie, White Noise," on the label in 1993. Within weeks of the album's release in America, the company folded.
Savage had been formed by 25-year-old David Mimran, the son of sports car mogul Jean-Claude Mimran. The popular rumor according to press reports at the time was that the label had been funded by the senior Mimran who pulled the plug as the losses mounted. During their bankruptcy proceedings, Savage stated that they had lost over $1 million on the Bowie album.
The singer negotiated his way off the label and subsequently
signed with Virgin.
Bowie's lawyer told the press that the appeals action "drives a stake through the heart of this ridiculous case." No reason was given for the decision. Savage still has a pending case against BMG.