Judgment Against Hip Hop Mogul Suge Knight Moved to Federal Court
| Judgment Against Hip Hop Mogul Suge Knight Moved to Federal Court |
 |
 |
 |
| Written by Robert ID4115 |
| Friday, 04 January 2008 00:14 |
|
In a hearing Wednesday in Los Angeles County Superior Court on the legitimacy of a $130 million judgment against hip hop mogul Marion ‘Suge’ Knight some evidence was produced that the judgment made against Mr. Knight with fraudulent In court Wednesday it was learned that Lydia Harris did not tell the court she filed for bankruptcy five years before suing the hip hop mogul Marion ‘Suge’ Knight, and never claimed a stake in the infamous hip hop and rap label Death Row Records during her bankruptcy proceeding. The judgment for the $130 million was the latest in attempts to gain money from the hip hop mogul. In 1996 Marion ‘Suge’ Knight and Death Row Records, and their distributor Interscope were notified by Michael ‘Harry O’ Harris that he intended to sue them claiming he had helped Marion ‘Suge’ Knight finance the start of Death Row Records. That claim was settled out of court with Harris for $300,000. Part of that agreement was that Michael Harris released both companies from any future claims against them. In 2005, after the first money ran out, another ‘settlement’ was reached. A pay out, made by Marion ‘Suge’ Knight, of One Million dollars was paid to Lydia Harris. Her claim was she was Suge Knight's original partner and had claims against Death Row that were separate and distinct from those covered by the Michael Harris'' settlement. The files for the first two out of court settlements are below in PDF format. At the hearing this past Wednesday the judge set aside the case and turned it over to the federal court for a hearing and a trial date was set for March 6th, 2008. We are told if this judgment is overturned, then this will relinquish the hip hop mogul Marion ‘Suge’ Knight from the present bankruptcy that he and Death Row Records finds themselves in now. It should be mentioned that Michael ‘Harry O’ Harris has repeatedly stated that he financed Death Row Records. He is serving a 28-year sentence for selling crack cocaine and attempted murder. Stay tuned for more on this as it becomes available. PDF file of the 1st_SettlementAgreement.pdf PDF file of the 2nd_SettlementAgreement.pdf
|
