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Young Buck's Bankruptcy Case Goes From Bad To Disastrous
December 26, 2011
Rapper Young Buck could lose his name and other assets in a bankruptcy case that the rapper says is frustrating his attempts to sign with a new record label.
Davidson County Bankruptcy Judge George Paine converted the artist’s bankruptcy from Chapter 11 reorganization to Chapter 7 liquidation this week. The trustee administering his estate has said she plans to sell the trademarked “Young Buck” name along with other assets.
The platinum artist, whose real name is David Darnell Brown, told The Tennessean he was close to signing a recording deal with New Orleans-based Cash Money Records.
To date, creditors have submitted 22 claims totaling $11.5 million in Buck’s bankruptcy case, including $10 million that the record label G-Unit Records says Buck owes them over a contract dispute.
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At least David is still alive. | |
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That's what you get!!! Space for sale... | |
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This is what happens when the blind follows the blind. | |
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The artist owes the label $10m? | |
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I doubt it's just the label. "Creditors" may mean more than just his label. | |
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Its like LL said when your whole "image" is nothing more than "rented" your a done deal! "We went where our music was appreciated, and that was everywhere but the USA, we knew we had fans, but there is only so much of the world you can play at once" Magne F | |
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Buck is a rapper not a busines man. When you try to go into business know what you doin. 50 Cent does and that's why he owes him 10 mil. PRINCE: Always and Forever
MICHAEL JACKSON: Always and Forever ----- Live Your Life How U Wanna Live It | |
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^^ Pretty much. People just don't fucking learn. He ain't got Fiddy's business sense either. | |
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