Investigation of contingent rent payments reported by the owners of a music and live entertainment amphitheaterInvestigation into contingent rent payments reported by the owners of an amphitheater

Investigation into contingent rent payments reported by the owners of an amphitheater

Entertainment
Forensic Accounting & Investigation | Intellectual Property

As part of a litigation counterclaim, a US city retained CRA to investigate the contingent rent payments reported by the owners of a music and live entertainment amphitheater. CRA found underpaid rent from ticket sales, concessions, merchandising, and sponsorship revenue. Our findings ultimately resulted in a dismissal of the amphitheater’s owner’s claim and an eight-figure settlement was paid to the city.