Kanye West will maintain control of a large portion of his Yeezy funds, per a decision by a judge this week. Adidas submitted a request to re-freeze $75 million of the 45-year-old’s money in the midst of their ongoing legal battle.
Billboard obtained court documents revealing that the judge denied the emergency motion this past Tuesday (May 30) during a hearing in Manhattan. Adidas expressed concern over how Ye would use the money, stating that they would suffer “irreparable harm” if the funds were not frozen.
This is the latest chapter in their back-and-forth which began in November 2022. Adidas began litigation with the Donda artist after severing ties due to his anti-semitic rants. Judge Caproni granted their wish and froze the funds on an ex-parte basis, meaning in favor of Adidas and rendering West and his team unable to counter.
Last week, Kanye West’s legal team challenged the order to freeze the $75 million and Caproni obliged, unfreezing the funds after ruling that Adidas took away his “fair chance to reply.” For clarity’s sake, Tuesday’s ruling only pertains to the emergency motion to re-freeze the funds. Adidas can still request that the court re-freeze the “Good Life” artist’s funds through a different order.
Outside of legal battles, West reportedly contributed heavily to Lil Durk’s creative process for his latest LP Almost Healed. The records did not make the album, but the Chicago rapper has some ideas for how his “genius” efforts can be used.
“I’m trying to see if I can come back with some genius sh*t with it, man, and double my sales,” the GRAMMY nominee told DJ Akademiks in reference to a possible deluxe version of the album during the May 23 edition of Off The Record.
A member of the All Progressives Congress (APC), Joe Igbokwe, has said Seyi Tinubu, son…
IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…
NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…
Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…
Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…
– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…