No pun intended --Suge Knight may be getting a second shot at owning the infamous Death Row Records, which he once had sole rights to before encountering financial troubles.
Global Music Group's $24 million June acquistion of Death Row has been terminated, according to a lawsuit filed in bankruptcy court by Suge Knight's estate and the trustees of Death Row Records, reports AllHipHop.com.
The complaint details that Global Music Group failed to consummate the acquisition of the label as required by a deadline of July 23, 2008, or by the forebearance extension date of July 29.
The lawsuit goes on to state that "since July 29, GMG has continued to fail to forward the purchase money, instead making a number of requests for extension, none of which has been granted by the Trustees."
The trustees of Death Row and Suge Knight's estate are now asking that the courts allow the label to negotiate with other potential buyers. If approved, Death Row's assets including its masters collection of albums, would again be up for public auction.
| Results: 1 |  1  | Show Per Page 2 | Refresh |
ARE u looking for a classy, attractive woman with a good sense of humor here I am. i am a tender girll in uniform. I believe on old fashion morals and values. I like to treat everyone with respect. I am looking for a honest,attractive man, with good sense of humor. check out http://www.seekinguniform.com ONE NIGHT LOVE WITH MILITARY IS WAIT FOR U
