June 30, 2010 07:27:04 GMT
The guitarist filed the appeal to seek bankruptcy protection from paying more than 81,000 dollars to his former band mates after unsuccessfully suing them for royalties in 1997.
Former KISS star Vinnie Vincent has lost an appeal that could have helped him stave off bankruptcy following a court battle with his ex-bandmates. The guitarist, real name Vincent John Cusano, was barred from seeking bankruptcy protection from paying more than $81,000 (54,000 pound sterling) to Paul Stanley and Gene Simmons after unsuccessfully suing them for royalties in 1997.
In court, he alleged Simmons and Stanley owed him royalties for his work on 1983 album "Lick It Up", but a federal judge in Los Angeles ruled against him and awarded the defendants fees and costs amounting to $81,000. Vincent took the case to an appeals court, but lost, according to Courthouse News Service.
After parting ways with KISS, Vinnie Vincent formed Vinnie Vincent Invasion.