Saturday, December 24, 2011
Young Buck About to Lose His Name
50 Cent and the IRS have finally pushed Young Buck to the brink. Buck is being forced to sell all his assets including the trademark to his stage name...
And just so we don't run into any trademark infringement issues in the future, we'll just refer to Young Buck as Boung Yuck until all this is sorted out.
Last year the Fed raided Boung's crib and confiscated personal possessions to help settle his $300k tax debt [click here if you missed that]. On top of that, 50 Cent is suing Yuck for more than $10 million in a contract dispute. Forced into bankruptcy court, Yuck informed the judge he had no viable way to settle his debts and his case was converted to liquidation. The next hearing is set for January 30, 2012.