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THE BIG STORY: It sounds similar music-biz Mad Libs: After a Bruno Mars co-writer sells his catalog, helium tries to mitigate his taxation liabilities by investing successful a Hollywood existent property project, which aboriginal becomes a “boondoggle” astatine the bosom of bombshell fraud claims filed by Calvin Harris. Got each that? We haven’t adjacent mentioned Tiësto, who is besides someway involved.
That’s the chaotic communicative down CMNTY Culture Campus, arsenic unpacked by Billboard’s Rachel Scharf past week successful a must-read heavy dive – a fascinating look astatine however a now-bankrupt concern manager to the stars and respective of his clients got tangled up successful a Los Angeles improvement strategy that truthful acold has failed to get disconnected the ground.
For the full story, go work the full nonfiction here – and enactment with Billboard for updates connected messy quality arsenic it moves forward.
You’re speechmaking The Legal Beat, a play newsletter astir euphony instrumentality from Billboard Pro, offering you a one-stop cheat expanse of large caller cases, important rulings and each the amusive worldly successful between. To get the newsletter successful your inbox each Tuesday, go subscribe here.
Other apical stories this week…
THA RULING – Lil Wayne scored a victory successful a years-long ineligible conflict with his erstwhile lawyer Ron Sweeney, who claimed helium was owed $20 cardinal nether a contingency interest statement that entitled him to 10% of Wayne’s profits. A justice rejected that claim, saying alternatively that Sweeney is lone entitled to “reasonable fees” from Wayne – a fig that volition beryllium determined successful aboriginal litigation. Though Wayne told Billboard helium was “thankful” for the ruling, Sweeney said his lawsuit was “very overmuch alive.”
WU-TANG WAR – Martin Shkreli asked a national judge to unit Wu-Tang Clan’s RZA to enactment successful a messy ineligible conflict implicit the group’s one-of-a-kind medium Once Upon a Time successful Shaolin. If granted, the determination would grow the suit – from a much constricted combat implicit whether Shkreli illegally retained copies of the uncommon medium aft helium forfeited it to prosecutors, to a broader ineligible enactment implicit whether either Wu-Tang oregon Shkreli proceed to ain copyrights to the legendary record.
DIDDY APPEAL – Weeks aft helium was sent to situation for 4 years, Sean “Diddy” Combs formally launched his appeal of his convictions and sentence. Though helium did not yet record elaborate arguments, a large absorption astatine the appellate tribunal could beryllium connected alleged acquitted behaviour – the tricky occupation of sentencing someone, similar Diddy, who was lone convicted connected immoderate of his charges. Separately, the White House said determination was “zero truth” to quality reports that President Donald Trump was considering commuting the disgraced mogul’s sentence.
MAVERICK CITY MESS – Tony Brown, the co-founder of Maverick City Music, filed civilian racketeering (RICO) claims against the Grammy-winning worship collective, alleging that CEO Norman Gyamfi threatened and coerced him into signing an unfavorable buyout woody successful 2023. The caller claims travel connected the heels of a bombshell fraud suit brought against Maverick City Music by erstwhile subordinate Chandler Moore that accuses Gyamfi of orchestrating concealed deals and forging his signature to bargain millions successful royalties.
NU METAL, FAKE URL – Slipknot launched a lawsuit against an alleged cybersquatter that’s been utilizing the web code slipknot.com to advertise counterfeit merchandise for much than 2 decades: “The domain sanction was registered successful an effort to nett disconnected of plaintiff’s goodwill and to instrumentality unsuspecting visitors,” the set wrote, saying it had been forced to usage the clunkier URL slipknot1.com.
MASTER V. COMPOSITION – A national appeals tribunal Read Entire Article
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