Label Company Settlement For Free

Jay-Z filed a lawsuit against Bacardi over their partnership with cognac brand D'USSE. The business mogul demands transparency from the spirit company for financial clarity.

Jay-Z asked Bacardi to purchase his 50% stake at a value of $2.5 billion while Bacardi responded with a value of $460 million.

A Manhattan-based appeals court has come down in favor of Jay-Z in his long-running battle with Parlux Fragrances over a cologne it claimed he failed to promote, turning back the company's attempt to flip a 2021 jury verdict and affirming the rapper's $6.78 million counterclaim award.

Jay-Z and Dame Dash Reach Settlement In 'Reasonable Doubt' NFT Case. Jay-Z and Dame Dash have reached a settlement in their court case, which involves Dash's attempt to allegedly sell a portion of the copyright to Jay-Z's solo album as an NFT.

Rap icon and entrepreneur Jay-Z finally settled a dispute between his company, SCLiquor, LLC, and Empire Investments, Inc. (a subsidiary of Bacardi, Inc). The business ownership dispute began when Jay-Z proposed an agreement for Bacardi to buy out his interest.

?RAF, Inc. owns all rights to the album 'Reasonable Doubt,' including its copyright,? the agreement reads. ?No shareholder or member of RAF, Inc. holds a direct ownership interest in 'Reasonable Doubt'.?

JAY-Zis being sued over his 1996 classic debut, Reasonable Doubt. He is being sued by Raynard Herbert (also known as ?Ray Rae.?) Raynard is claiming that he helped JAY-Z land a distribution deal for Reasonable Doubt. He also that he helped master the album.

The whole debacle began in 2013 when the rapper launched a cologne called ?Gold Jay-Z? in partnership with Parlux. In 2016, the perfume company sued the rapper, accusing him of failing to promote the fragrance, breaching the contract both parties agreed on, and dooming the product's sales.