ALL ACHIEVEMENT, ALL EARNED RICHES, HAVE THEIR BEGINNING IN AN IDEA!


Court to Take Control of Death Row Records

Los Angeles County Superior Court Judge Ronald M. Sohigian on Thursday March 23, ordered Suge Knight to appear at a hearing next month to discuss his assets or risk having the court take control of his Death Row Records.

The order was issued due to Knight and his legal representation's non-cooperative behavior with the court in revealing his finances.

Michael Harris' attorneys accused Knight of trying to evade his legal obligations by failing to show up for debtor examinations.

Suge has failed to attend three financial examinations relating to the case, and failed to show at last Thurdays hearing, which has led the Harrises’ attorney, Steve Goldberg, to say: "Enough is enough. It is time for a receiver and an order for contempt. There are rules of the court that should be obeyed and Mr. Knight is making a mockery of it."

knight has been embroiled in a legal battle against Lydia Harris, ex-wife of incarcerated drug dealer Michael Harris, and lost a judgment in court last year, resulting in a $107 million judgment in favor of Harris.

Attorneys for both Lydia and Michael Harris asked the judge Thursday to place Death Row Records in receivership if Knight doesn't appear at April's hearing.

Michael Harris, who is serving a 28-year sentence, is claiming half the award as community property in his divorce from Lydia Harris. He also says he put up $1.5 million from behind bars to help start the record label, a claim that Knight has repeatedly denied.

The Snowball: Warren Buffett and the Business of Life. The legendary Omaha investor has never written a memoir, but now he has allowed one writer, Alice Schroeder, unprecedented access to explore directly with him and with those closest to him his work, opinions, struggles, triumphs, follies, and wisdom. The result is the personally revealing and complete biography of the man known everywhere as “The Oracle of Omaha.” The second richest man in the world and most successful investor on the planet. Do yourself a favour and get this book. Take action, buy this book now.


If you like this article then please consider subscribing to our RSS feed. You can also subscribe by Email and have new posts sent directly to your inbox. You can also subscribe by adding our feed to one of the following services by clicking on the appropriate buttons.


 digg.comgoogle.comYahooMyWeblive.comdel.icio.usask.comRedditstumbleupon.comTechnorati

Recent Articles

Radio One, Inc. Announces 2008 Third Quarter Results Conference Call

Radio One, Inc. (NASDAQ:ROIAK and ROIA) will be holding a conference call for investors, analysts and other interested parties to discuss its results for the third fiscal quarter of 2008.

BlackPlanet to Powers InteractiveOne's Network of Content Sites

InteractiveOne, LLC integrate BlackPlanet, as the social network connecting all of it's content sites.

Robert Johnson's The RLJ Companies and the U.S. Overseas Private Investment Corporation Conclude Finance Protocol to Accelerate Investment in Liberia

The RLJ Companies and OPIC today agreed to establish a $100 million Finance Protocol that will promote American investment in Liberia. The RLJ Companies will work to develop various projects, includin

Codeblack Interactive and YouTube Partner to Bring Original Urban Programming Online

Largest Catalog of Black Filmed Content to Be Distributed Through Google Content Network and New YouTube Channel.

Carver Bancorp, Inc. Names Paul Hagan Interim CFO

Confirms No Exposure to Fannie Mae or Freddie Mac Equity Securities

Johnson Publishing Names New President and COO

Johnson Publishing names Anne Sempowski Ward president and COO as Linda Johnson Rice becomes Chairman and CEO.

Only Two Black Women on Fortune’s 2008 List of the 50 Most Powerful Women in Business

The number of black women on the Fortune magazine list of the 50 Most Powerful Women in Business remains just two.


Urban Hustler Sponsors
Sponsor Urban Hustler  >

Loading...

BlackEntrepreneurProfile.com
UrbanHustler.com - From The Street To The Boardroom.

© Errim Styles Network. All right reserved.