Billboard Business News has issued the following report from Cortney Harding:

Metal label Prosthetic Records has filed suit against Razor & Tie in the US District Court in the Southern District of New York. The suit centers on a disagreement regarding the expiration date of Prosthetic’s contract with Razor & Tie, and alleges Razor & Tie breached its distribution agreement with Prosthetic.

In the suit, Prosthetic claims that its distribution agreement with Razor & Tie expired on January 1st, 2010, and is of no further force and effect, other than those obligations that run from Razor & Tie to Prosthetic following the expiration of the term of the Distribution Agreement, and is not binding on Prosthetic. According to the complaint filed by Prosthetic, Razor & Tie claims the agreement has not expired.

Read the full report at this location.

Source: Bravewords.com