Doesn’t it seem like Cash Money associates are practically living in and out of courts these days?
A default judgement was given to Mississippi emcee and actor. Lil Wayne’s record label will need to cough up some cash for stiffing David Banner for not paying for work done on Wayne’s albums.
The TMZ report stated, Banner originally filed the suit last summer, arguing that he was owed royalties for songs that he produced for Tha Carter III as well as a song for the We Are Young Money album. According to court docs, obtained by TMZ, Young Money failed to respond in the case … so the judge entered the default of $164,303.19, which included interest.
These days “cash” is a sensitive subject with Cash Money’s CEO Birdman and Lil Wayne. Earlier this week, another judge ruled that Baby must release documents concerning 80 million dollars that was given to fund Cash Money Records by their parent company Universal music.