Skip to main content

Cardi B Responds To Ex-Manager $10M Lawsuit.




Cardi B has responded to her former manager’s $10 million lawsuit.

On Thursday, Klenord Raphael, aka Shaft, filed a lawsuit claiming that he discovered the “Bodak Yellow” star, only to be “frozen out” of her career just as it was exploding.

An attorney representing the red-hot rapper responded Friday, (in a statement) that “Shaft’s claim raises a huge question.”

Paul LiCalsi, a partner at Robins Kaplan LLP said, “After a full investigation of the facts, we will be responding to these allegations in detail in court. But even on its face, Shaft’s claim raises a huge question. For a hefty commission, a manager promises to carefully counsel and guide an artiste in her or his career. In exchange, the law imposes a high fiduciary duty on the manager to always act in the artiste's best interest, not engage in conflicts of interest, not overreach, and not self-deal.”

LiCalsi suggests that Shaft signed on as Cardi B’s manager for a 20 percent commission, then signed her up through a different company in a “deal that takes 50 percent of her music royalties from Atlantic Records, 50 percent of her music copyrights, and 25 percent of her other earnings.”

He asked, “How does that comport with his fiduciary duty as her manager?”

Shaft is suing Cardi B for breach of contract for ditching him and signing with a different manager, as well as defamation for claiming that he “robbed her.”

Comments

Popular posts from this blog

Say 'Hello' To Armless Bae, The New Queen Of Social Media!

Guyssssss!A new model is trending on social media. Her name is Ashley and in addition to modeling on Instagram, she’s also a student at North Carolina A&T. She's hot gorgeous, no doubt. BUT Ashley has an unusual feature – she was only born with one arm. But instead of that being a HANDICAP . .. it’s actually made her a lot more interesting. Here are her pics . . .

Ghanaian actress, Akuapem Poloo arrested over her nude photo with her seven-year-old son.

Ghanaian actress and video vixen, Akuapem Poloo has been arrested over her controversial nude photo with her seven-year-old son. The arrest comes days after Child Rights International petitioned the Inspector-General of Police in Ghana to investigate her over the controversial birthday photo with her son which went viral on social media.

WWE Releases Hit Row, Tegan Nox, John Morrison, Drake Maverick, And More.

WWE has released 8 Superstars from their contracts. John Morrison, Top Dolla, Ashante Adonis, Isaiah Swerve Scott, Tegan Nox, Drake Maverick, Jaxson Ryker and Shane Thorne.