A $12 million lawsuit alleging that Lil Durk and his team ruined an investment contract was dismissed by the court. Lil Durk's murder-for-hire trial is scheduled to start early next year, and he has been struggling in prison for the past year. Even while his followers and loved ones still strongly support him, his most recent updates have been both encouraging and distressing. However, Grouchy Greg Watkins' exclusive AllHipHop report claims that the Chicago rapper recently received some positive legal news.
A complaint from Exceed Talent Capital against him was dismissed by the court, according to records from the United States District Court. In addition to suing Smurk's former manager Andrew Bonsu and the Only The Family (OTF) label, the 2023 lawsuit demanded $12.5 million.
Exceed said they were deceived by India Royale's boyfriend and his group into giving them the perpetual rights to the song "Bedtime" in return for $600K. They allegedly discovered after paying $450,000 that this agreement was void due to Durk's exclusive contract with Sony's Alamo Records. In May 2023, Alamo information sends Exceed a cease-and-desist letter, explaining that he and his staff are not authorized to grant people the ability to access information.
When they did not hear back, they then launched a lawsuit and requested a refund. Exceed accused the deal's failure of "obvious fraud" and claimed financial damages and harm to their reputation.
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