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Staff photo by Damien FisherThe owners of the Boston Billiards Club on Northeastern Boulevard are being sued for copyright infringement for music played in the establishment. NASHUA – The owners of Boston Billiards Club & Casino, Eeskay NH Inc. and its principal, Kurt Mathias, are heading for a federal copyright infringement trial because music publishers claim the business used their material without a license. Eeskay and Kurt Mathias are named in the lawsuit brought by seven musical publishing companies, all members of the American Society of Composers, Authors, and Publishers, or ASCAP. The publishers claim their songs were played at Boston Billiards, despite the company not having an active license with the ASCAP. The lawsuit is slated to begin a bench trial before Judge Steven McAuliffe in U.S.

For the original version including any supplementary images or video, visit http://www.nashuatelegraph.com/news/local-news/2018/09/05/casino-sued-for-music/

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Bondholders face risky last bet at Casino owner

Some 975 million euros of bonds come due between now and March. That's not all. Rallye also issues commercial paper, a form of short-term borrowing typically used by highly rated companies and banks. It placed 1.3 billion euros of the notes this year, but issuance in August was just 65 million euros compared with a monthly average of around 200 million euros since the start of 2017, according to Breakingviews estimates. Rallye has 311 million euros of commercial paper outstanding which must be repaid over the next 100 days. Naouri, a former senior civil servant and banker, has a backup. Banks have committed 1.7 billion euros of credit facilities. But there's a catch. Most of this debt is secured - for every euro that Rallye borrows, it must put up 1.3 euros' worth of Casino shares. Based on the supermarket's current share price, Rallye would have to pledge its entire holding in Casino to meet bond maturities between now and March, according to Breakingviews estimates. It might not come to that.

For the original version including any supplementary images or video, visit https://www.nasdaq.com/article/bondholders-face-risky-last-bet-at-casino-owner-20180906-00220

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