LIL WAYNE THREATENS TO SHUT DOWN YOUNG MONEY

By

It would appear as though Lil Wayne has come to the end of his rope in the long-waged legal battle between himself and former mentor Birdman .

According to new reports, the hip-hop heavyweight is threatening to dissolve Young Money under the pretense that it must be handled properly or will ultimately be shut down.

As reported by The Blast , Weezy recently filed legal documents demanding that the operations of the joint venture, under the Cash Money moniker, must be overseen by an advisor to supervise its operations or appointed a liquidator upon termination. Birdman has allegedly contested the request citing that Wayne has no legal holding to shut down the company considering he's still under contract.

Back in 2003, Young Money was launched as a joint label under Cash Money Records with Wayne grooming its rising talent like Drake and Nicki Minaj . Since then, the "A Milli" rapper has gone on to file a lofty lawsuit against co-founder Birdman including $51 million for unpaid royalties, $8 million advance for Tha Carter V and full creative control of top-tier acts.

In the midst of the hailstorm, several industry vets have come forward to defend Wayne and request that Birdman pay him his just due. The rap mogul, however, has remained relatively quiet on the dispute. Most recently, he broke his silence a few short weeks ago to clarify his stance on the situation.

Perhaps Wayne's new court filing could be the last straw in the ongoing saga. Stay tuned for more details regarding this story.

Comments

Post a Comment

Popular posts from this blog

REARRESTED RITUALIST CONFESSES,SAYS "I ESCAPED UNDER POWER OUTAGE BUT HUNGER LED TO MY REARREST"

By
Image
ALLEGED RAPIST AND KILLER IFEANYI DIKE AND THE 8th YEAR OLD"S CORPSE Arrested Uniport student Ifeanyi Dike, who murdered his neighbour 8-yr-old girl, has revealed that power outage aided his escape and hunger led to his re-arrest. He, however, pleaded for mercy on the murder of the eight-year-old girl, Chikamso Mezuwuba. Dike, who spoke in Port Harcourt while he was re-paraded by the Rivers State Police Command, insisted that the Investigative Police Officer, IPO, Johnbosco Okoroeze, nabbed over his (Dike’s) escape was innocent. Ifeanyi Dike killed the eight-year-old Chikamso, removed her vital organs and was on his way to dispose of her remains when he was arrested by a local vigilante group in Okporo community, Obio/Akpor Local Government Area of the state. The suspected ritualist had escaped from the custody of State Criminal Investigation Department, SCID, but was re-arrested in Barkin Ladi Local Government Area of Plateau State, last week, Thursday. Dike told ne...
Read more

MEMPHIS - PRESCHOOL WORKER WHO DRAGGED TODDLER BY HIS LEG CAUGHT CAUGHT ON VIDEO

By
Image
MEMPHIS, Tenn. – A Memphis preschool worker has been charged with aggravated child abuse after police say she dragged a 16-month-old boy by one leg and broke the other. Police said the toddler was injured September 20 at the M.E.M. Preschool and Summer Camp on Macon road while he was being watched by Omeika Williams. Investigators said Williams told the child’s parents the boy tripped over a rug and hurt his left leg, but video from the preschool showed her dragging the boy by his right leg causing his left to twist under his body. The child was diagnosed with a fractured left tibia and is now in a leg cast. We tried to contact the preschool, but no one answered at the business.
Read more

SHERIFF IS A CONTRACTOR BROUGHT INTO PDP DURING OUR TRYING TIMES

By
Image
SHERIFF IS A CONTRACTOR BROUGHT INTO PDP DURING OUR TRYING TIME 29th Feb 2017, February 27 2017 Emeka Ihedioha, a former deputy speaker of the house of representatives, has described Ali Modu Sheriff as a contractor invited to help the Peoples Democratic Party (PDP) during its low point. He said Sheriff’s contract had long expired and that he has nothing to contribute to the opposition party’s development. Ihedioha told the News Agency of Nigeria (NAN) in Port Harcourt on Monday that Sheriff by his conduct had failed to show an attitude worthy of uniting and strengthening the party. According to him, the conduct, actions, language and temperament displayed by Sheriff has succeeded in planting disunity amongst members. “His utterances after the Appeal Court judgment in Port Harcourt created division in the party rather than unit members, this showed that he is not interested in the progress of our party,” he said. “Sheriff has nothi...
Read more

PERVERT WHO ENTICES LITTLE GIRLS WITH A LITTLE OVER A DOLLAR TO FONDLE HIS MANHOOD ARRESTED

By
Image
A man has been nabbed in Lagos by the police for allegedly enticing underage girls with N500 to fondle his manhood. File photo: Man being arrested by the police   A 36-year-old man, who allegedly enticed some underage girls to pat his sexual organ affectionately for N500, was on Friday in Lagos nabbed, according to the Lagos State Domestic and Sexual Violence Response Team (DSVRT). The suspect, whose name was not given, was apprehended by some residents of Silver Crescent Estate, Oke-Afa in Isolo area of Lagos. The Coordinator of the team, Titilola Vivour-Adeniyi, told the News Agency of Nigeria (NAN) that the agency's intervention followed a report by residents of the community. DSVRT is a collection of professional service providers and officials that respond as a group and in a timely fashion to the various needs of domestic and sexual violence survivors by providing legal, medical and emergency assistance. It also provides counselling and psychological and psychosocial support...
Read more

RITUALS - COURT REMANDS 2 IN PRISON CUSTODY

By
Image
An Ile-Ife Magistrate Court has remanded one Isreal Ojimi, 38, said to be a prophet and Bose Adetimikan, 27, in prison custody over alleged rituals. The prosecutor, Inspector Emmanuel Abdullahi, told the court that the accused committed the offence on May 20, 2017, around 10:00 pm at Mosarajo area via Ile-Ife. According to him, they had armed themselves with some charms in the form of a garment with an intention to commit felony. He further explained that they conducted themselves in a manner that caused mayhem, adding that their behavior was against the norms and ethics of the nation and had contravened sections 213, 249 (d) and 516 of the State Penal Code. Although defence counsel, Mr Alaba Awoseemo pleaded for their bail in most libral terms, the plea was not accepted. Magistrate Olalekan Ijiyode, however, asked the counsel to put the plea in writing and ordered that the accused persons be remanded in prison custody. Ijiyode, subsequently adjourned the case to June 13...
Read more

DOMESTIC VIOLENCE;POLITICIAN REMANDED IN PRISON OVER WIFE'S DEATH

By
Image
The Federal High Court in Abuja on Tuesday, May 9, remanded a politician identified as Charles Eni-Umukoro over the murder of his wife, Louisa Eni-Umukoro, who was a director in the Securities and Exchange Commission (SEC). Justice Mary-Anne Aninih ordered the remand of Eni-Umukoro in Kuje Prison, FCT pending the hearing of his bail application. The Inspector General of Police (IGP) in February charged Umukoro with culpable homicide, which is punishable with death under Section 221 of the Penal Code. The defendant however denied the allegation. According to the charge signed by Kenneth Ubanwa of the Legal/Prosecution Section of the Force Headquarters, Umukoro allegedly caused the death of the woman by “hitting her on the head which caused internal haemorrhage with the knowledge that her death would be the probable consequence.” Attached with the charge is an autopsy report from the Department of Morbid Anatomy and Histopathology of the National Hospital in Abuja, which show...
Read more

33 YEAR OLD FOOTBALL STAR SHOT DEAD

By
Image
Amilcar Henriquez shot dead in his Panama home . Police in Panama say national team soccer player Amilcar Henriquez has been shot dead while leaving his home. The press chief for Panama’s National Police says the killing happened Saturday in the country’s Colon province. Authorities say a gunman shot the 33-year-old midfielder several times. Another two people were wounded. The player died at a nearby hospital. President Juan Carlos Varela has condemned the killing on his Twitter account. He is calling for authorities in Colon to find those responsible. Henriquez was part of the Panama team that is trying to qualify for the 2018 World Cup in Russia. He played in the last 20 minutes of Panama’s 1-1 tie with the United States last month and has appeared 75 times for his country.
Read more

NORTH KOREA VOWS MORE MISSILE TESTS; UN CONDEMNS THEM AS 'OUTRAGEOUS'

By
Image
Pedestrians in Tokyo watch the news on a huge screen displaying a map of Japan and the Korean Peninsula following a North Korean missile test that passed over Japan on August 29. North  Korean leader Kim Jong Un has vowed he will launch more ballistic missiles into the Pacific Ocean a day after Pyongyang flew a missile capable of carrying a nuclear warhead over Japan, North Korea's official news agency says. Kim's latest threat came as the United Nations Security Council unanimously condemned the August 29 launch as "outrageous" and called on all countries to enforce sanctions against Pyongyang. The council's resolution, which was supported by China and Russia, also called for "a peaceful, diplomatic, and political solution" and did not threaten new sanctions on North Korea. The Korean Central News Agency said on August 30 Kim viewed the launch as a "meaningful prelude" to containing Guam, the U.S. Pacific island territory with a military base....
Read more

SEE 22 THINGS YOU NEVER KNEW ABOUT "THE BODYGUARD"

By
Image
© Image Attribution Unavailable 22 Things You Never Knew About 'The Bodyguard' Even though it's been 25 years since the release of "The Bodyguard" (on November 25, 1992), no doubt the final high note in Whitney Houston's "I Will Always Love You" is still ringing out somewhere in the stratosphere. The romantic thriller made the already beloved singer into a movie star as well, became the second biggest hit of 1992, and spawned the biggest-selling soundtrack album of all time. Still, as often as you've watched Kevin Costner rescue Houston, there's much about "The Bodyguard" you may not know, from it's 16-year journey to the screen, to the real-life tragedies behind the production. © Provided by AOL Inc. 1. Lawrence Kasdan wrote the screenplay way back in 1976, years before he became famous as one of the writers of "The Empire Strikes Back" and "Raiders of the Lost Ark" and the writer-...
Read more

MURDERED 13 YEAR OLDS FOUND

By
Image
February 15 2017 A homicide investigation is underway Wednesday after two bodies, presumed to be missing 13-year-olds Liberty German and Abigail Williams, were found on Tuesday. The two school friends were last seen on Monday afternoon after they went for a hike along the Delphi Historic Trail in Carroll County, Indiana - just a few miles from home. Sgt. Kim Riley, of Indiana State Police, told DailyMail.com on Wednesday that the bodies will not be formally identified until autopsies are completed. Results are expected in the next 24 hours. 'At this point in time, we really have no real strong leads on anybody but we're getting hundreds of tips coming in all the time. We have nobody in suspicion yet.' Delphi Police Department, Carroll County sheriff's department, Indiana State Police and the FBI's Evidence Recovery Team were all coordinating on the investigation. A search was conducted for Liberty German (right) and Abigail ...
Read more