Midwest Commercial Funding has been able to collect a little over $150K from the 'I Believe I Can Fly' hitmaker's royalty account after issuing a subpoena to the music company.
- Apr 11, 2019
AceShowbiz - R. Kelly has had his royalties from a former deal with Sony Music seized by a Chicago landlord to pay off the star's massive six-figure debts.
According to court documents obtained by The Blast, Midwest Commercial Funding recently issued a subpoena to Sony Music Holdings Inc, and was able to get the music company to freeze $264,535 (£202,217) in Kelly's royalty account.
The amount frozen by Sony was intended to pay off the staggering $173,855.08 (£132,899.17) that the company was still owed on a judgement against the star, after the "I Believe I Can Fly" hitmaker stopped paying rent on his Chicago music studio.
It was reported, however, that after Sony froze Kelly's account, Midwest was able to collect $154, 527.22 (£118,124.47) from one of Kelly's Bank of America accounts after a "turnover order" was issued, meaning that the agency will subsequently take the remaining $52,431.55 (£40,079.99) from the pot at Sony.
Midwest is now waiting on permission from the court to allow them to retrieve the money from the label so that they can finally be rid of the "Ignition" star.
Sony Music unceremoniously parted ways with Kelly earlier this year after Lifetime premiered the controversial "Surviving R. Kelly" documentary, in which several accusations of sexual misconduct were made against the star.
The 52-year-old has since been indicted on 10 felony counts of aggravated criminal sexual abuse, and stands accused of behaving inappropriately with four victims, three of whom were allegedly minors at the time of the incidents.
The singer has denied all allegations.
