New Order have issued a statement following former member Peter Hook’s decision to sue the band for £2.3 million in royalites.
Obviously the band are disappointed that Peter is pursuing this claim in this particular way,” the band said in a statement sent to NME. “The reports so far take a number of things out of context. Peter still, for instance, receives his full share of all back catalogue royalties. This dispute relates only to the share of income he takes from our work without him since 2011.
"Not much more we can say as nothing has been decided by the Court on the facts other than he has a right to proceed with the claim, so this matter is still in play.
"We’re getting on with life and concentrating on touring and promoting our new album," they said.
Hook left New Order in 2007 and says he lost out on royalties when the band set up a company to manage the band’s income without him in 2011. The company allowed the remaining three original members worldwide exclusive rights to the name and all income for a decade. Hook currently receives 1.25 per cent of the band’s income, but says he wants up to 12.5 per cent of royalties or wants to rejoin the band, those chances of that happening are probably very slim. The complaint will now be heard at the High Court. This comes after New Order recently released their first album together, Music Complete, of new material in a decade.
