Megan Thee Stallion accuses tag of draining bank accounts to keep a ways from paying her
14 April 2023
Megan Thee Stallion has accused executives at her story tag of siphoning cash out of the company’s bank account to keep a ways from paying her in their ongoing upright motion.
The Savage rapper, precise name Megan Pete, has been locked in a upright fight alongside with her story tag 1501 Certified Leisure for more than two years. She is suing them for royalties and to find released from her contract.
In her latest motion, her attorneys claimed that 1501’s founder Carl Crawford and his executives “dissipated thousands and thousands of bucks held in 1501’s predominant bank account” so as that after Megan is presumably awarded a judgment by the courts, there’ll be no cash to pay it.
“Rather then following its monetary supervisor’s advice and maintaining the contested funds in reserve, 1501 has chosen to enrich itself and its consultants, leaving not as a lot as ten thousand greenbacks within the account,” her attorneys wrote, reports Billboard. “In accordance with 1501’s undercapitalization, it is vitally skill that 1501 will be judgment-proof by the time Pete is ready to get a closing judgment on the merits of her claims.”
They personal got asked a mediate to appoint a 3rd event to grab over the administration of 1501’s funds until their upright fight is resolved.
Responding to the allegations, 1501’s attorneys acknowledged, “1501 strongly disagrees with the substance of Ms. Pete’s latest filings. The allegations are with out advantage and we’re assured that 1501 will prevail on these motions and within the atomize get better the huge cash that Ms. Pete owes 1501.”
The rapper’s attorneys also filed a separate motion asking a mediate to summarily rule that 1501 breached their contract by denying all requests to license Megan’s tune “out of spite” until the case is resolved.
A trial within the subject has been web page online for August.
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