Dame Dash's Roc-A-Fella Auction Paused In a Rift Over Rights to Jay-Z's Debut Album [Yahoo! Finance]
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Source: Yahoo! Finance
Last week, the New York Department of Social Services (NYCDSS) filed a motion with U.S. Magistrate Judge Robert W. Lehrburger asking for a pre-motion hearing to assess Roc-A-Fella Inc's internal records and long-term outlook. The department's counsel of record, Gerald E. Singleton, claims that Jay-Z and Roc-A-Fella Inc.'s counsel, New York legal firm Quinn Emanuel, have committed “detrimental” actions toward the auction, which Dame Dash's lawyer Natraj Bhushan claims has at least “five or six” buyers willing to bid over $6 million. Roc-A-Fella Inc. was co-created in 1996 by Dash, Jay-Z, and Kareem “Biggs” Burke. The entity's sole asset is Jay-Z's debut album, Reasonable Doubt, which was independently released (they created Roc-A-Fella LLC in 1997 after signing their joint venture deal with Def Jam). According to documents first obtained by TMZ , Jay-Z's attorneys filed an official notice in August stating that the Reasonable Doubt rights were set to revert back to Jay in 2031. Singl
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