Monday, March 11, 2013

Lil Kim Suing Over Shady Licensing Deals


Lil Kim is suing her business partner for tricking her into signing an unfair licensing agreement...

From NY Daily News
Lil’ Kim filed a $1 million lawsuit against a lawyer and businessman who she claims duped her into signing a series of bad licensing agreements.
The 38-year-old former rapper says Sunny Barkats bamboozled her into entering transactions that gave himself and his partner, Andrew Ro, a 44% stake in a corporation formed to license her brand names. Lil’ Kim claims that she eventually wised up to the shady deals in December 2012, but Barkats refused to rescind them.
Barkats called the lawsuit a “frivolous” attempt for her to back out of contracts.