Description
Experience Hendrix LLC, which manages Jimi Hendrix's estate, sued Rainbow Guitars in Tucson, Arizona, seeking the return of the rare Black Widow acoustic guitar. The instrument was valued at between $750,000 and $1 million and had reportedly been stolen by a family member before changing hands several times. The store said it had purchased the guitar in good faith for $80,000 without knowing that its ownership was disputed. The court eventually ordered the instrument returned to the Hendrix estate.