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.
6 comments:
He should make another Hov
He is really dumb simp to let this go to mandatory court. If any money is left over he gets '0'.
Not that it would make any money. He lives for the past instead of moving on to the future. That's what life is all about. LOLO
If he didn’t f**k up with the industry by being loud and annoying angry and so arrogant and suggesting ever one except him destroying him, so yes make another hov but nobody want to work with him or for him
@10:30 He lives for and in the past because that's all he's got. Like 3:43 said, he has basically annoyed everyone with his arrogance and angry New York Ni99a personality and nobody wants to deal with that. So in the past he shall stay because even if he did make another Hov, he's so toxic, he'd ruin that relationship too.
Dummie 4 not addressing this sooner
He know everything about money except how to hold on to it.
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