Bankruptcy Filing Won't Protect Damon Dash Film Rights

Last month Roc-a-Fella Records co-founder Damon Dash filed for bankruptcy listing $25 million in debt [click here if you missed that].

On Wednesday a judge ruled that Dame's bankruptcy filing won't prevent the public auction of his corporate assets...

From AllHipHop

Damon Dash’s $25 million bankruptcy filing won’t stop the auction of his company’s intellectual property a judge has ruled.

The decision, issued by Magistrate Judge Robert Lehrburger, allows creditors to continue selling off assets linked to Dash’s company, Poppington LLC.

That includes film rights, copyrights and other business holdings. While Dash’s personal enforcement proceedings are paused due to his September 4 bankruptcy filing, the court found no reason to halt the sale of corporate property that has already been turned over to the U.S. Marshals.

“Enforcement proceedings are not stayed as to Defendant Poppington LLC. Public auction of Poppington’s films and copyrights may proceed. Further, public auction of Dash’s assets that were assigned to the U.S. Marshal before September 4, 2025, may proceed. Assignment is a transfer of ownership. Dash has provided no authority that would bar public auction of assets assigned to the U.S. Marshal before the bankruptcy,” the Judge wrote.