Last month Damon Dash was ordered to sell his film studio and streaming network to pay off creditors after ignoring legal judgments against him [click here if you missed that].
An auction date has been set...
From AllHipHop
Damon Dash must hand over full ownership of several companies and film copyrights after a federal judge ruled Tuesday (June 9) that the Hip-Hop mogul failed to pay a court-ordered $823,284.71 judgment in a lawsuit brought by filmmaker Josh Webber and Muddy Water Pictures.
The ruling, issued by U.S. Magistrate Judge Robert W. Lehrburger, compels Dash and his company, Poppington LLC, to turn over control of Dash Films Inc., Bluroc LLC, and Blakroc LLC, along with interests in Lebanon Improvements LLC, Ocean East Improvements LLC, and 1996 Songs LLC.
Poppington must also forfeit copyrights to several films, including Honor Up, Too Honorable, We Went to…China, and Welcome to Blackroc.
The assets will be auctioned by the U.S. Marshal within 180 days unless Dash files objections before June 16, 2025. Proceeds will be used to satisfy the unpaid judgment, with any remaining funds returned to Dash.
This legal blow follows Dash’s earlier forfeiture of his one-third stake in Roc-A-Fella Records, which was auctioned off but failed to benefit the plaintiffs due to other outstanding government claims.
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