The Isley Brothers' secutritized bond offer, recently put on hold due to complications associated with Ron Isley's bankruptcy proceedings, was given new life last week when EMI Group plc settled its dispute with the R&B performer.

Earlier this month, Ron Isley was forced into bankruptcy because of an IRS claim on his assets of $1 million. Reportedly, EMI, which owns a 50% stake in the publishing rights of Isley's catalog, made an attempt to purchase Isley's assets as he went into bankruptcy weeks ago.

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