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February Giveaway

Arbitrators Give Thumbs Up to Young Chang

kurzweil

After many months of litigation proceedings between Young Chang America and Samick Music Corp (SMC), the American Arbitrators Association (AAA) ruled that Young Chang was once again the rightful exclusive distributor for all Young Chang, Weber, and Kurzweil brand products for all of North America. This decision is final and cannot be appealed. The abritrators also awarded Young Chang recovery of all accounts receivable collected by SMC on YCA’s inventory, which SMC had acquired when they first took over the company. After many months of confusion, it appears that the future of Kurzweil, which was one of the brands Sweetwater was originally founded upon (way back with the sound library Sweetwater founder Chuck Surack developed for the legendary K250), seems assured.

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