Re: How do I get out of a management contract?

Generally, there are no prohibitions on Managers having conflicts of interest. In fact, Managers are almost totally unregulated.

You probably should have a lawyer take a quick look at the contract you signed, and a brief interview with you to discuss all of the facts. There may be a way to break the contract, but without knowing more detail, I couldn't say for sure.

I'd be happy to consult with you briefly to see what we can do.

Re: How do I get out of a management contract?

I'm not sure what you mean by "the manager was also my employer." Do you mean you were a regular paid employee in some other capacity?

Without seeing the contract, it would be hard to say what your options are. Contracts may contain whatever agreements the parties are willing to make so there are no hard and fast rules about what they say or don't say.

Generally, a management contract requires that you see some benefit within a certain period of time (typically 90 days) or it can be canceled. But many of these contracts are very one-sided and don't require much of the manager.

If you want to get out of the contract, it would be worth your while to consult with a competent entertainment attorney and have him review your contract. He could then give you advice based on what it actually says.

Re: How do I get out of a management contract?

It may surprise you that an attorney might actually want to see the contract.

Best,

Daniel Bakondi, Esq.

IMPORTANT:

No attorney-client nor confidential relationship is created through this communication. You may not rely in any way on this communication, and nothing herein constitutes legal advice nor legal opinion. Your issue may be time sensitive and may result in loss of rights if you do not obtain an attorney immediately.