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LIL WAYNE SUING BIRDMAN & UNIVERSAL FOR CONSPIRING TO TAKE HIS DRAKE MONEY

LIL WAYNE SUING BIRDMAN & UNIVERSAL FOR CONSPIRING TO TAKE HIS DRAKE MONEY

Lil Wayne and his lawyers are preparing for even more battle with Birdman and are now saying Universal Music Group also played a role in consipiring to take his money from Drake & Young Money. Lil Wayne has filed an amended petition to the lawsuit in a New Orleans court which includes Universal Music Group, who he accuses of conspiring with Birdman and Slim to deny him his Young Money profits.

Lil Wayne and his attorneys say that Birdman and Universal backdated the deal so that Lil Wayne basically wouldnt get anything out of the $100 million deal. Backdating the contact made it look like it was signed before Young Money’s deal with Cash Money ran out. Savage move by Birdman and Universal.

“Despite Universal being aware of Cash Money’s obligations to pay royalties and profits to Plaintiffs, and Cash Money’s failure to do so, Universal made a series of huge cash advances to Cash Money which Universal contended were nonetheless collateralized by, and recoupable by Universal against, the future revenues on Drake and other artist records and albums delivered by Cash Money,” the amended petition states. “Universal knew that Cash Money would not reserve from such advances sufficient funds to meet its obligations to Plaintiffs, pay to Plaintiffs earnings on the records co-owned by them, or to pay or account to other artists or vendors.”

 

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