The Hives have found themselves owing fellow Swedes, The Cardigans around £1.8 million.

The debt follows a legal battle with the Swedish-based Tambourine Studios that had been moving money around its represented artists in order to provide easy cash flow.

The Hives have argued that they were never told the money was, in essence, a loan from another band's account and stated, "there are no loan agreements, no signed documents, no agreements on interest rates."

The judge hearing the case has ruled that despite a lack of paperwork, the money still belonged to The Cardigans and has ordered a full repayment. (via CMU)