Dame Dash has been ordered by a U.S. Magistrate to sell his shares of Roc-A-Fella.
Court documents show that Judge Robert W. Lehrburger ordered Dash to sell off his one-third ownership of Roc-A-Fella and pay a judgment to movie producer Josh Webber after Webber sued him for defamation and copyright infringement and won the case in 2022.
Dash has been refusing to sell.
“The question at the core of the instant dispute is whether the RAF By-Laws’ prohibition on transfer and sale of Dash’s one-third ownership interest in shares of RAF without the consent of RAF’s board of directors legally prevents sale of Dash’s interest in RAF to satisfy the Judgment,” Leherburger wrote in his. “The answer indisputably is no.”
“Without jurisdiction to enforce a judgment entered by a federal court, the judicial power would be incomplete and entirely inadequate to the purposes for which it was conferred by the Constitution.”
Dash has been trying to revive Roc-A-Fella and return it to its glory days but if he is forced to sell, it won’t ever happen.
[social_warfare]