Younger Buck vehemently denies the declare that he obtained a $250,000 advance from 50 Cent and his label G-Unit as he makes an attempt to repay collectors in his chapter.
The battle facilities on an settlement dated July 22, 2014. 50 Cent has beforehand accused Buck of not fulfilling his contract with G-Unit, thus owing cash to the label, a declare that Buck denies. Buck and his authorized crew argue that doesn’t obligate him to repay any funds as they weren’t labeled as a mortgage.
In paperwork obtained by AllHipHop, Younger Buck’s authorized crew outlined their objections to G-Unit Data’ declare of $250,000 in opposition to him. They argue that any cash Buck obtained would have been earlier than the contract’s signing and needs to be thought of an advance slightly than a debt.
Moreover, Younger Buck’s lawyer, Jonathan Augusta, defined the contract lacks any provision requiring Buck to repay these funds, thereby difficult the premise of G-Unit Data’ declare.
Because the settlement doesn’t explicitly state that Buck should repay the advance in case of a breach, Buck’s attorneys argue that G-Unit Data’ declare lacks benefit and needs to be dismissed.
This dispute between the 2 artists spans a number of years, that includes an intricate internet of authorized and private disputes over contracts, money owed, and public insults. These disagreements have typically spilled into the general public sphere with private insults, additional complicating the connection between Buck, 50 Cent, and G-Unit Data.
Younger Buck has confronted monetary turmoil, main to 2 important chapter filings. His preliminary chapter was filed in 2010, prompted by monetary difficulties, together with money owed to 50 Cent, the IRS, little one assist obligations and different cash points.
He filed once more in Might of 2020. This submitting aimed toward restructuring his money owed beneath Chapter 13 chapter safety, which got here after a tumultuous 2019 involving jail time and monetary struggles.
The transfer was partially to problem his contractual obligations with 50 Cent’s G-Unit.