Freddie Records, top Tejano music label, files bankruptcyPosted: May 6, 2011
Wow too bad for Freddie Martinez, I guess “Te Traigo estas Flores” is not making as much money as it used to. I wonder what happens to his group of artists including Ramon Ayala?
Hometown Tejano music record label Freddie Records filed for bankruptcy, listing in its legal documents hundreds of thousands of dollars owed and just $1,200 in assets.
Federal court filings on behalf of artists who have sued the company in recent years suggest that the bankruptcy is a tactic to avoid court-ordered payments after a jury found the company liable for unpaid royalties.
Read More here Corpus Christi Caller-Times.