Last month, hip hop legend Jay Z objected to Dame Dash’s intent o sell his one-third ownership of the RocaFella record label. But a New York judge rejected Jay’s claim – and Dame Dash’s interest Is being auctioned off.
And Media Take Out is hearing that New York rappers/moguls Curtis “50 Cent” Jackson and Camron Giles are the leading bidders in the auction.
Attorney Chris Brown told Radar Online that he has “no control over the auction process” and those reaching out to [Dash] personally with the hopes of purchasing the shares “need to know they are barking up the wrong tree” as Dash did not create the auction and is “simply a judgment debtor along for the ride.”
The lawyer continued, “I was recently informed that the Office of Child Support Services (New York City has added a lien to the auction in the amount of $123,562.37 for unpaid child support.”
Brown added that Dame is also facing a judgment in another case for $30k pending in California. “This too will be added,” he stated. “Buyer beware when it comes to Damon Dash.”
According to Dame;’s lawyer, his office and the U.S. Marshal are in control of this process, and that he is negotiating with “various entities to sell the judgments that are the focal point of the auction.”
Brown told Radar Online that his team has heard from two NY rappers who fully intend to complete the auction process, but the “present leading candidates to purchase the judgements are World One TV and another network.”
He stated that both are willing to pay “an amount in excess of the judgments, understanding the value of this once in a lifetime opportunity.”
