Journey principal members Neal Schon and Jon Cain agreed to settle their $10 million trademark infringement lawsuit accusing the band’s former drummer Steven Smith and former bassist Ross Valory of engaging in an “attempted corporate coup d’état” to improperly use the Journey name.
“The members of the band Journey who were parties to a recent lawsuit (Neal Schon, Jonathan Cain, Steve Smith and Ross Valory) are pleased to announce that they have resolved their differences and reached an amicable settlement agreement,” read a statement released by Journey's management company Q Prime. (Cain is being represented by Fox Rothschild.) “Neal Schon and Jonathan Cain acknowledge the valuable contributions that both Ross Valory and Steve Smith have made to the music and the legacy of Journey. Ross Valory and Steve Smith wish their former bandmates well and much success in the future. Journey looks forward to continuing to tour and make new music for their dedicated fans around the world.”
Schon and Cain sued their former bandmates on March 3, 2020 in California Superior Court, maintaining that they owned the sole rights to use the band’s name, according to the lawsuit filed by the Miller Barondess law firm. They claimed that they secured the exclusive irrevocable license to use the Journey name since a trademark license agreement in 1985 through Nightmare Productions, Inc., one of the band’s corporate entities. Per the agreement, the license would continue “until the date upon which none of Stephen Perry, Neal Joseph Schon, or Jonathan Cain is actively engaged in a professional music career utilizing the name “‘JOURNEY,'” according to the complaint.