IPC Obtains Favorable Settlement in Music Royalty Lawsuit Against Cash Money Records and Young Money Entertainment
IPC client Maurice "Kenoe" Jordan and his publishing company, Nightrydas, have entered into a settlement with Cash Money Records and Young Money Entertainment resolving the parties' dispute over music royalties. Earlier this year IPC filed a federal lawsuit on behalf of Kenoe and Nightrydas alleging that Cash Money and Young Money had failed to pay Kenoe and Nightrydas royalties owed for production services related to Lil Wayne's well-known hits Nightmares of the Bottom and Gotti.
In October, the Court entered judgment against Cash Money for approximately $125,000 and against Young Money for approximately $100,000. The settlement satisfies the judgment and resolves all of the disputes raised in the lawsuit. IPC's Kent Barnett was lead counsel for plaintiffs.
IPC's attorneys routinely represent clients involved in royalty disputes in a variety of industries, including music, film and print. Lawsuits regarding allegations of unpaid royalties can often be complex, requiring in-depth understanding of the industry's practice and, often, forensic auditing. Please contact Kent Barnett if you have questions or concerns regarding royalties.