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When Pink Floyd "broke up" (Roger Waters left), the rest of the band continued touring using Waters' songs. He tried to sue them, but was unsuccessful. Waters even tried to sue them for rights to the band name 'Pink Floyd', but was, again, unsuccessful.

Moral: Be careful who you share your material with. In the case of Pink Floyd, a large band with lots of fame and business and legal ties, Waters was not able to reclaim the property that he mostly wrote. In the case of the more typical, smaller bands, you're still likely gonna be screwed because there will be no legal precedence.

Serves Waters right, though, imo. The sour bastard.
Quote by Trowzaa
I wish I was American.

~ A Rolling Potato Gathers No Moss ~
You'll end up as an angry, bitter drug addict who fronts a band that won't be near as popular as the one you quit.
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