Wayne's lawyer explains that the Young Money leader dismissed the suit, originally filed in New York, only to re-file it in New Orleans where he signed his Cash Money contract in 1998.
- April 8, 2015
AceShowbiz -
Earlier on Thursday, April 7, reports emerged claiming that Lil Wayne had dropped his $51 million lawsuit against Cash Money. The reports were shot down later in the day by the rapper's lawyer Ron Sweeney who made it clear that his client still planned to sue the record label.
Sweeney told Rolling Stone that Wayne did drop the lawsuit, which was filed earlier this year in New York. However, Tunechi did it only to re-file the suit in New Orleans, Louisiana, where he originally signed his Cash Money contract in 1998.
"We gave them until [Monday], April 6th to file an answer," Sweeney said. "[Cash Money] said they were going to challenge the venue, so at that point, it was a waste of time and money, so we all agreed that we would dismiss the action [in New York] and Wayne and [his record label] Young Money would re-file in New Orleans."
Wayne's legal team gave further details on the lawsuit in a statement, "Lil Wayne and Young Money LLC have entered into a stipulation with Cash Money the effect of which is to transfer the claims raised in the action which had been commenced in the United States District Court for the Southern District of New York to the Federal and/or State Courts of Louisiana."
"The claims previously asserted by Lil Wayne and Young Money LLC against Cash Money for substantial monies owed and breach of fiduciary duty have not been settled and will be prosecuted in Louisiana as expeditiously as possible," they added.
Wayne has been embroiled in a feud with Cash Money and its boss Birdman since his "Tha Carter V" album got delayed indefinitely last December. He's been expressing his desire to get out of his contract and leave the label, most recently during a live show in Jacksonville, Florida.
