Dame Dash Ordered to Sell Roc-A-Fella Records Shares

Dame Sprint has been ordered to promote his one-third share of Roc-a-Fella Data as a way to repay a six-figure judgment.

Dame Should Promote Roc-a-Fella Shares

On Feb. 13, a choose issued an order mandating Dame Sprint promote his stake in Roc-a-Fella Data as a way to repay his debt for a lawsuit, XXL confirmed by way of court docket data on Thursday (Feb. 22). In response to the court docket submitting, Dame doesn’t oppose the transfer. Nonetheless, Jay-Z and Kareem “Biggs” Burke, who personal the opposite two-thirds of Roc-a-Fella, have pushed again towards the sale. Regardless of the opposition, the choose signed off on the order, permitting the sale to happen. Roc-a-Fella has 21 days from the date of the order to show over a certificates representing Dame’s possession within the firm. Dame has 10 days from the receipt of the certificates to show over his possession curiosity.

“Inside 180 days of the U.S. Marshal’s receipt of the Sprint Possession Curiosity and any corresponding certificates, the Marshal shall promote the Sprint Possession Curiosity at public public sale,” the court docket submitting reads.

Learn Extra: Younger Guru Calls Cap on Dame Sprint’s Declare That Jay-Z Stole Songs From Different Rappers

Who Does Dame Owe Cash To?

In January of 2019, movie producer Josh Webber sued Dame for defamation and copyright infringement in connection to a dispute over the 2019 movie Expensive Frank. In September of 2022, a choose sided with Webber and ordered Dame to pay him $705,400 plus $117,884.71 in authorized charges. Dame has but to pay up, main Webber to press for Dame’s property to be confiscated as a way to settle the debt.