Roc-A-Fella Sues Damon Dash to Stop Selling ‘Reasonable Doubt’ NFT
Written by B87FM on June 19, 2021
Roc-A-Fella is suing one in all its personal.
The report label began by JAY-Z, Damon Sprint, and Kareem Burke is suing its co-founder in a first-of-its-kind lawsuit, alleging that Sprint is attempting to public sale off JAY-Z’s debut album Cheap Doubt as a non-fungible token (NFT).
In keeping with TMZ, Dame is attempting to promote the album as an NFT and public sale it off to the best bidder. Nonetheless, Roc-A-Fella says it’s not his to promote, as a result of the corporate owns it.
In keeping with authorized paperwork filed Friday in New York’s Southern District Court docket, Dame deliberate to promote the album as an NFT at an public sale that has since been canceled. Nonetheless, the label is frightened that he’ll try and public sale it off on one other platform.
Legal professionals for JAY-Z state, “Sprint had deliberate to promote at a SuperFarm Basis on-line public sale on Jun. 23… the copyright to JAY-Z’s album Cheap Doubt, acknowledged as one of many best recordings in historical past. That public sale was canceled and Sprint is frantically scouting for one more venue to make the sale.”
Roc-A-Fella says that the sale “have to be stopped earlier than it’s too late,” including that Sprint “have to be held accountable for his theft.”
JAY, Sprint, and Burke every personal one-third of the shares within the report label and in Cheap Doubt, in response to paperwork. “Sprint can’t promote what he doesn’t personal. By trying such a sale, Sprint has transformed a company asset and has breached his fiduciary duties. The court docket ought to cease Sprint….and maintain him accountable for his brazen theft,” the lawsuit concludes.
That is the newest authorized battle involving Cheap Doubt. Earlier within the week, JAY-Z sued Jonathan Mannion, claiming that the famed photographer is attempting to use his title by promoting photographs he shot for JAY-Z’s 1996 debut with out the rapper’s permission.