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The band toured on and off for years after Hell Freezes Over, and stated they were working on a new album. In 2001, Felder was terminated from the band. He sued for damages, then was countersued by Henley, Frey, and manager Irving Azoff. Felder said that since he originally was hired on as a full partner, he could not be terminated or voted out. Henley and Frey's counterargument was that there was a stipulation in the partnership that any member could be fired for any number of reasons, and the one they pointed to as reason for this termination was "disruption of band activities."

From Felder's point of view, the disruption appeared to be that he had begun questioning the band's finances, complaining that profits were being hidden, and that he deserved more of a share of the take. From the other side, rumors began to surface that Felder was refusing to tour and not showing up for rehearsals, as well as causing problems in the studio.

In his lawsuit, Felder claimed that he had been denied access to the business records relating to the Eagles, which he was entitled to as a partner in Eagles, Ltd. and the other companies that followed. Felder also claims that in early February 2001, he fired his attorney Barry Tyerman on orders from Henley, Frey, and Azoff in order to avoid being terminated from the group. Nevertheless, he was told on February 6 that his employment would be terminated, which became official on April 10. He was replaced by Nashville session veteran Steuart Smith, who continues to work with the Eagles to this day.

Felder's original and amended complaint against Henley, Frey, Azoff and the various companies they created sought damages for "not less than $50 million" for breach of contract, "not less than $50 million" for wrongful termination, and "in excess of $50 million" for breach of fiduciary duty. He also asked for punitive damages "in an amount sufficient to punish" Henley and Frey, as well as Eagles, Ltd. Felder further stated he was owed money from the assorted Eagles business dealings, and a fair market price for his shares in the Eagles-related companies, in addition to attorney's fees and court costs.

The suit went on to say that "the greed of Henley and Frey became more insatiable with each new project." Before Felder's termination, they formed another company to handle the business dealings related to the Eagles boxed set Selected Works: 1972-1999, and this new company excluded Felder, Walsh, and Schmit from an ownership stake. When Felder once again complained, he was sent a letter by Azoff that said he was out of the Eagles.
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30 Dic 2017