Last month Damon Dash was ordered to sell his shares in Roc-A-Fella Records after failing to pay an $84k defamation of character judgement awarded to his former partners on a movie deal gone wrong [click here if you missed that].
Now two unnamed prominent rappers from New York have added their bids to the auction....
From Radar Online
Two "prominent" rappers hailing from New York have expressed their desire to buy the interest that Damon Dash has in Roc-A-Fella Records after the record exec was ordered to sell his shares for allegedly refusing to pay a hefty judgment, RadarOnline.com has exclusively learned.
Despite pushback from Jay Z who objected to the auction along with Roc-A-Fella Records co-owner Kareem "Biggs" Burke, the judge determined that Dash's one-third ownership of the famed record label is personal property that can be seized.
Attorney Chris Brown tells us that Dash "no control over the auction process" and those reaching out to [Dash] personally with the hopes of purchasing the shares "need to know they are barking up the wrong tree" as Dash did not create the auction and is "simply a judgment debtor along for the ride."
"I was recently informed that the Office of Child Support Services (New York City has added a lien to the auction in the amount of $123,562.37 for unpaid child support," Brown shared, adding that Dash is also facing a judgment in another case for $30k pending in California. "This too will be added," he stated. "Buyer beware when it comes to Damon Dash."
Brown explained that his office and the U.S. Marshal are in control of this process, and RadarOnline.com has learned the attorney is negotiating with "various entities to sell the judgments that are the focal point of the auction."
Brown said his team has heard from two NY rappers who fully intend to complete the auction process, but the "present leading candidates to purchase the judgements are World One TV and another network." He stated that both are willing to pay "an amount in excess of the judgments, understanding the value of this once in a lifetime opportunity."
14 comments:
I guess the old Dame ego wore stuff once and threw it out I bet he wishes he could have that type of money again… he was arrogant and thought it eitof never end. All things come to an END. 🤷🏽♀️
Murda Ma$e & Killa Cam
6:31 AM, True that.
What rapper in NYC has that kind of money? We know it's nor PeePee Sh!tty.
This is just sad. Dame had it all and now he's basically a pauper.
Nas and Fabolos
Brooks vs Damon Dash is one of the judgements. It's researchable.
He was to pay theses judgements as they were declared. Some occurred years ago
DAMN..Dame still falling🕳️. The NY rappers with that kind of bread: Jay Nas 50
Them other "said rappers" prolly got "them ppl" backing them. it's looking like Jay should've bought Dame out last year when he was trying to sell. Cuz now, Jay's gonna have to cough up even more doe for the same 1/3 shares🥴
It gonna be a BIG BO¥ tug-of-war at this auction👀.
50 Cent!!!!!!!!
50 Cent and Nas
Somebody needs to pay this amd sell it back to him.
50, and J
50 and killa
50 and Cam
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