April 9, 2015

Lil Wayne Moves 51$ Million Lawsuit Against Baby & Cash Money Records to Louisiana

According to theJasmineBRAND and Weeney (Lil Wayne's lawyer), Lil Wayne has dropped his lawsuit against Birdman and Cash Money Records to New Orleans, Louisiana. Weeney released a statement to Rolling Stone that reads as follows:

He and Young Money have entered into a stipulation with Cash Money the effect of which is to transfer the claims raised in the action which had been commenced in the United States District Court for the Southern District of New York to the Federal and/or State Courts of Louisiana,” the rapper’s legal team added in a statement to Rolling Stone. “The claims previously asserted by Lil Wayne and Young Money LLC against Cash Money for substantial monies owed and breach of fiduciary duty have not been settled and will be prosecuted in Louisiana as expeditiously as possible.

Wayne first filed his lawsuit against Cash Money Records back in January on the grounds that Birdman violated his deal and owes him tens of millions of dollars for delaying the release of Tha Carter V. Reports say that Birdman owed the rapper $8 million as an advance for Tha Carter V, which he never paid. Wayne was also supposed to receive an additional $2 million upon the album’s completion.

Click here to read the court documents.

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