Cash Money Being Sued By EMI Records
Cash Money Records is being sued by EMI Records, according to Courthouse News Service.Cash Money has neglected to pay royalties once again. Cash Money owes a reported $491,000 in royalties to EMI, for samples.
EMI stated the following, "Because Defendant has ignored numerous communications from EMI regarding Defendant’s contractual obligations, EMI once more is being forced to commence a lawsuit against Defendant to recover royalty payments. The sales of Defendant’s products have far exceeded the payments that EMI has received."
"It is clear from Defendant’s conduct that it has no intention of honoring the Agreement."
