The ongoing saga between Journey guitarist Neal Schon and keyboardist Jonathan Cain remains a hot topic in rock news.
Schon filed a cease-and-desist order against Cain when the keyboardist performed the song he largely wrote, Journey’s mega-hit “Don’t Stop Believin’”, at an event for former president Donald Trump. Schon also filed suit against Cain alleging that he wasn’t granted access to Journey’s financial records, to which Cain said Schon’s “reckless spending” was the source of the issue.
Now the guitarist has directed his ire towards Trump’s spiritual advisor and Cain’s wife, Paula White-Cain.
The New York Post reported that White-Cain is “being accused of allegedly giving herself access to the . . . accounts without Schon’s knowledge or consent, according to a Dec. 12 letter from Schon’s attorney.”
The New York Post also said that have financial statements that reveal that White-Cain’s “signature has appeared on purported Journey-related bank documents since at least July 2020.”
Schon’s latest cease-and-desist letter to White-Cain reads: “We have learned that despite the prior mutual agreement between Mr. Schon and Mr. Jonathan Cain that the business of the band and the Journey Related Entities would be handled only by Mr. Schon and Mr. Cain as individuals, your name appears as an authorized signatory on the City National Bank accounts of Freedom JN LLC. We further demand that you immediately cease and desist and refrain in the future from inserting yourself in any business of the band and any legal entities used by the band as this contradicts the existing agreement between Mr. Schon and Mr. Cain.”
White-Cain’s attorney fired back saying: “Neal’s attorney recommended Neal and Jonathan own their respective 50% interests in the band’s operating entities through their personal trusts. Paula is a co-trustee of Jonathan’s personal trust, therefore, Jonathan and Paula signed as the co-trustees of Jonathan’s personal trust. But that never would have happened if Neal’s lawyer had not recommenced it.
When Neal finally complained (and we do not need to explain the real reason why he started complaining, which had nothing to do with fact that Paula was co-trustee of Jonathan’s trust or listed on any papers), Jonathan offered to have his ownership interest transferred from his personal trust to him personally. While that offer would have resolved the issue, Neal refuses to cooperate in any resolution, once again demonstrating that the claim is entirely pretextual.”
Earlier this week, Schon revealed that for the band’s 50th anniversary tour, they will use original co-founding keyboard player, Gregg Rolie.
