• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

1

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
SuccessArts & Entertainment

Hall blindsided and betrayed after 50-year partnership breaks down, while Oates is ‘deeply hurt’ by lawsuit over song catalog

By
Jonathan Mattise
Jonathan Mattise
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Jonathan Mattise
Jonathan Mattise
and
The Associated Press
The Associated Press
Down Arrow Button Icon
December 8, 2023, 4:48 AM ET
Darryl Hall, John Oates
John Oates and Darryl Hall in better times.Andy Kropa/Invision/AP, File
Add Fortune on Google for similar content.

After more than a half-century of making music together, Daryl Hall is suing John Oates and arguing in arbitration that he can’t sell his share of a Hall & Oates business partnership without Hall’s permission.

Recommended Video

Public court filings have revealed just how wide the rift has grown between the duo famous for hits in the 1970s and ’80s, including “Maneater,” “Rich Girl” “Kiss on My List” and “I Can’t Go for That (No Can Do).”

Hall has accused Oates of blindsiding and betraying him, saying their relationship and his trust in Oates have deteriorated. Oates has said he is “deeply hurt” that Hall is making “inflammatory, outlandish, and inaccurate statements” about him.

A Nashville judge recently paused the sale of Oates’ stake in Whole Oats Enterprises LLP to Primary Wave IP Investment Management LLC until an arbitrator weighs in, or until Feb. 17.

Here are some recent developments.

WHY ARE HALL & OATES GOING TO COURT?

The dispute went public on Nov. 16, when Hall filed a lawsuit in a Nashville chancery court asking a judge to stop the sale by Oates so a separate, private arbitration could begin. Hall’s lawsuit contends that going to court was the only way to ensure the sale by Oates and others involved in his trust didn’t close before an arbitrator could weigh in. Hall filed for arbitration on Nov. 9.

Still, the pair’s private business holdings and their agreements are largely blocked from public view, even after a judge unsealed many filings. Oates’ attorneys have argued that he lived up to his contractual obligations and didn’t go behind Hall’s back. They have said the case should have remained only in arbitration, while accusing Hall of publicizing issues from what had been a private disagreement.

A judge put the sale on hold the day the lawsuit was filed, then extended that pause last week.

WHAT IS THE PROPOSED SALE TIMELINE?

A court declaration by Hall shows what kind of valuable Hall & Oates materials Whole Oats Enterprises contains, though it does not describe the value, ownership percentage breakdown or sale price for those materials. The declaration cites materials such as trademarks, personal name and likeness rights, record royalty income and website and social media assets.

The musicians had been considering how to undergo a “global divorce” in late 2022, when Hall said he was entertaining Oates’ push to dissolve their touring entity and a separate partnership related to their musical compositions and publishing, Hall’s declaration says. Hall, meanwhile, proposed dissolving Whole Oats Enterprises.

Their disputes about Whole Oats Enterprises worsened and hit an impasse, leading them to enter mediation in July, Hall’s arbitration filing states.

The filing accuses Oates of quietly negotiating a deal with Primary Wave, while letting Hall continue with normal mediation tasks, costing him time and legal fees.

Oates’ team entered into a non-disclosure agreement on Oct. 2 without Hall’s knowledge that provided Primary Wave confidential information from the partnership. Blind to the Primary Wave negotiations, Hall and his representatives attended an hourslong mediation the next day. On Oct. 19, Hall’s attorneys provided Oates’ team with proposed settlement documents, though Oates’ team still has not commented on them, the arbitration document says.

The next day, Oates sent Hall the transfer notice and letter of intent describing the sale to Primary Wave, according to Hall’s filing.

WHAT WAS DARYL HALL’S REACTION?

The court fight was initially shrouded by corporate legalese and filings unavailable the public’s view. Hall then peeled away the veneer in a point-by-point declaration detailing why he is “deeply troubled by the deterioration of my relationship with, and trust in, John Oates.”

Hall’s account was filed in early November during arbitration and made public later in the month in the lawsuit. It alleges that Oates and his team engaged in the “ultimate partnership betrayal” by pushing to sell his share while telling Hall’s associates that he wanted to maintain his ownership.

Hall alleged that Oates in recent years has become “adversarial and aggressive instead of professional and courteous” toward him. Hall accused Oates of making business demands via a “revolving cast of lawyers.”

Hall said he was two days from leaving for a tour across the West Coast, Japan and the Philippines, when Oates first provided notice of the impending sale on Oct. 20.

Hall said he would have never approved a sale to Primary Wave, and takes issue with its business model. Hall expressed concern about how his name and likeness and other assets could be used.

Additionally, he said Oates’ team has not provided him with the confidential information disclosed to Primary Wave, which has already owned “significant interest” in Hall & Oates’ song catalog for more than 15 years. The New York-based company has struck deals in recent years to buy stakes in the music catalogs of artists like Bing Crosby, Bob Marley, Stevie Nicks, Whitney Houston and Prince.

Deena Merlen, a Connecticut-based partner at Reavis Page Jump LLP with entertainment law expertise, noted that Primary Wave has struck more than $2 billion in investment deals in about two years, as it buys music rights.

“Primary Wave has been a kid in a candy shop, with a pocket full of cash,” said Merlen, who is not involved in the Hall & Oates case. “Not a great stretch to see the temptation for Oates, under the circumstances.”

WHAT WAS JOHN OATES’ REPLY?

In his own declaration, Oates expressed disappointment with his longtime partner’s words, saying Hall’s accusations of that Oates went behind his back and breached their agreement aren’t true. Oates declined to go into specifics, saying he’s obligated to keep details private, even if Hall didn’t.

Oates argued he had been trying for some time to enhance their business partnership, but Hall has become unwilling to work with him to protect what they created. He also said Hall has been trying for years to be seen as an individual.

According to Hall’s arbitration filing, Oates’ attorneys have argued the sale is allowed under a section of their business agreement that appears to give one partner a chance to buy the other’s share when faced with an outside sale.

Merlen cautioned that without seeing the full agreement — which is under court seal — she can’t be certain how the provision works. But she said it appears to be a “right of first refusal,” giving non-selling members greater control over proposed transfers, “potentially blocking a sale to a third party they do not want to let in, while at the same time increasing their own ownership stake.”

Hall’s team has argued other contractual violations void the deal.

“As to whether he (Oates) had the right to do what he allegedly did — or tried to do — with Primary Wave, well, that remains to be seen,” Merlen said.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Jonathan Mattise
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

Getting past the pilot: Why so many AI test projects have trouble scaling
SuccessBrainstorm Tech
Getting past the pilot: Why so many AI test projects have trouble scaling
By Alexei OreskovicJune 24, 2026
8 hours ago
How ‘Ozempic face’ is pushing Gen X, already the biggest Botox and filler consumers, to the facelift table a decade early
HealthGen X
How ‘Ozempic face’ is pushing Gen X, already the biggest Botox and filler consumers, to the facelift table a decade early
By Mia OsmonbekovJune 24, 2026
10 hours ago
Matt Garman
Successthe future of work
‘Wipe out and change are different’: Amazon exec slams AI job apocalypse fears as he hires thousands of Gen Z grads
By Preston ForeJune 24, 2026
15 hours ago
t
CommentaryWhite House
Trump mistakes the bully pulpit for bullying leadership — history’s villains were never heroes
By Jeffrey Sonnenfeld and Steven TianJune 24, 2026
19 hours ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
SuccessCareer Advice
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
23 hours ago
Tesla cofounder JB Straubel’s first pitch to Elon Musk failed. Then he turned his ‘hobby’ into a $1.3 trillion success
SuccessBrainstorm Tech
Tesla cofounder JB Straubel’s first pitch to Elon Musk failed. Then he turned his ‘hobby’ into a $1.3 trillion success
By Rachel VentrescaJune 24, 2026
24 hours ago

Most Popular

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
24 hours ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
23 hours ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
2 days ago
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Retail
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
16 hours ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
17 hours ago
Current price of gold as of June 23, 2026
Personal Finance
Current price of gold as of June 23, 2026
By Danny BakstJune 23, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.