Now Dame is in danger of losing his life rights after failing to list it as an asset in his bankruptcy filing...
From AllHipHop
Attorneys for some of Dash’s creditors argue that the former Roc-A-Fella Records executive failed to disclose his “life rights” in his Chapter 7 filing, claiming those rights could be sold to help pay off more than $20 million in debts.
The legal team states that Dash’s public persona and career history possess significant commercial value, particularly given his ties to Jay-Z and the legacy of Roc-A-Fella.
Christopher Brown, an attorney representing multiple judgment creditors, accused Damon Dash of omitting key assets and providing misleading information in his bankruptcy petition.
“The debtor has failed to disclose his life story rights,” Brown wrote in the filing, adding that Dash’s statements about a biopic based on his life prove he knows the rights exist and that they hold value.
Brown pointed to Dash’s public comments about developing a film based on his life, referencing 2022 media coverage about a potential Roc-A-Fella movie.
He claims Damon Dash intentionally left out these rights from his asset list, which would make them eligible for liquidation.
The filing also accuses Dash of listing a UPS Store mailbox instead of his actual residence and failing to report business interests already seized by the U.S. Marshal for public auction.

No comments:
Post a Comment