Stanley H. Polley (born Bronx, NY 1922), is a retired entertainment manager from the 1960s and 1970s. His clients included rock band Badfinger, musician Al Kooper, singer Lou Christie, singer-producer Hank Medress, arranger Charles Calello, composer Sandy Linzer, WABC disc jockey Bob Lewis, among others. Badfinger was a Rock band formed in Swansea Wales in the early 1960s and was one of the earliest representatives of the Power pop genre Al Kooper (born Alan Peter Kuperschmidt, February 5 1944, in Brooklyn, New York) is an American Songwriter, Lou Christie is an American Singer-songwriter best known for three separate strings of pop hits in the 1960s with notable peaks in 1963 1966 and Hank Medress ( 19 November, 1938 - 18 June, 2007) was an American singer and record producer Charlie Calello is an American, Singer, Composer, conductor and Arranger, born in New York. Sandy Linzer and Denny Randell are American Songwriters who wrote numerous pop-rock songs in the 1960s generally working together Polley's career was marred by accusations of impropriety from several of the artists whom he managed.
Polley served in the U. S. Army before beginning his managerial career in New York's garment industry. [1] He began artist management after he met Christie in the mid 1960s. It was through his association with Christie that he met and began working with other artists in the New York and Los Angeles entertainment fields. It was around 1968 that Polley first formed a company called Five Arts Management, that included Christie, Kooper, Calello, Linzer and Lewis. He formed new companies to house future artists he secured, including composers Irwin Levine and Larry Brown. In 1970, Polley formed a company called Badfinger Enterprises, Inc. as a management arm for the British rock group Badfinger, which had no American representation at the time.
Beginning in 1971, and reported in the New York Times, a Senate Investigation Committee conducted hearings regarding New York State Supreme Court Justice Mitchell D. The Supreme Court of the State of New York is New York State 's Trial court, and is of General jurisdiction. Schweitzer on allegations that he had accepted bribes at various times in the 1950s. Polley was named during the hearings as the intermediary between unnamed crime figures and Schweitzer. In July, convicted stock manipulator Michael Raymond told a U. S. subcommitee that Polley was "well connected with organized crime. "Crime syndicate" redirects here For the DC Comics group of villains see Crime Syndicate. " Most of Polley's American clients said they were already suspicious of their manager by this point, but the publicity of the hearings convinced several to severe ties with him.
Badfinger, who admitted being unaware of the American hearings, continued working with Polley. In 1972, he successfully negotiated a new record contract with Warner Brothers for Badfinger, which called for advances to be paid into an escrow account. Warner Bros Entertainment Inc (or Warner Bros, Warner Bros Pictures) is one of the world's largest producers of Film and Escrow is a legal arrangement in which an asset (such as Cash, Real property or other tangible assets is deposited into safekeeping (e In 1974, approximately $100,000 in publishing escrow funds from Warner's publishing division disappeared after Polley gained access to the account. Reportedly, after several months of unsuccessful attempts to contact Polley about the funds, Warner Brothers filed suit against Polley and Badfinger Enterprises for breach of contract. Breach of contract is a Legal concept in which a Binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance The legal morass crippled Badfinger financially. Band leader Pete Ham committed suicide in 1975, leaving behind a note that blamed Polley for his death. Peter William Ham ( April 27, 1947 – April 24, 1975) was a Welsh Singer, Songwriter and Guitarist Two Badfinger songs, "Hey, Mr. Manager" and "Rock & Roll Contract," are reportedly about Polley. The WB lawsuit concluded in 1979 and Polley was ordered to repay WB $42,500 of the escrow funds.
In 1991, Polley pleaded no contest to charges of misappropriating funds and money laundering in Riverside County, California. la Nolo contendere is a legal term that comes from the Latin for "I will not contend it Riverside County is a County located in the southeastern part of the U Aeronautics engineer Peter Brock accused Polley of swindling him for US$250,000 after the two set up a corporation to manufacture airplane engines. Aerospace engineering is the branch of Engineering behind the design construction and science of Aircraft and Spacecraft. A corporation is a separate legal entity usually used to conduct business Overview Fixed-wing aircraft range from small training and recreational aircraft to Wide-body aircraft and military cargo aircraft. Polley was placed on probation for five years and ordered by the court to return all missing funds to Brock, although the complainant said the restitution never materialized.
References
- 1. Ancestry. com
- Dan Matovina (2000). Without You: The Tragic Story of Badfinger. Frances Glover Books. ISBN 0-9657122-1-4.
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