Durst explained that he had been informed by UMG that he had not received any royalty statements because UMG told him over the years that it was not required to provide them since his account was still so far from recoupment.
UMG's failure to issue royalty statements in particular from 1997-2004 - the height of the band's fame - suggests that UMG was intentionally concealing the true amount of sales, and therefore royalties, due and owing to Limp Bizkit.
Durst's lawyers also questioned the record company's accounting practices, saying that $199,676 was mysteriously charged to the band, while arguing that $43 million had been paid to the band in recoupable advances.
Collection
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