let me investigate...
2012-
1. Wayne couldve gotten out of his previous deal probably since he was a minor and probably signed while being under the influence or duress which negates mutual contractual consent. Depends on those details and obviously wayne cant remember them
2. Need to see details on the 150m for recording rights.
3. Birdman said "its all [wayne's]" but idk wtf that means if birdman owns recording rights
4. 4 album deal..could be argued was fulfilled with I am not a human being II, the two compilation albums and at least one of the 2 mixtapes. but it appears as though only IANAHB2(lol) and the 2 compilation albums were released under CMR/Young Money. Dedication 5 and Sorry 4 the Wait 2 were just under Young Money, as was Dedication 4. That would seem to mean that FWA should have been the 4th album in that deal.
1. Wayne should be owed 10m based on that..unless there was fine-print on what it means to "complete recording" in the deal..ie recording is only completed if Baby says it was and not that Wayne feels like it was a finished product. If Baby had power to tell Wayne that the album isnt finished and to switch tracks or record more than Wayne loses.
2. Wayne filing paperwork in his suit while saying he wants to be rid of the label and walk away..but hasn't yet been able to via court..then it seems to suggest that there wasn't an out-clause for Wayne based on creative differences.
3. Wayne wanting to be declared joint-copyright owner of all YM recordings further suggests that Birdman's rumored 150m gave him full, or at least majority copyright ownership of YM recordings.
Full Original Lawsuit-
These are notes from an attorney regarding the Jan. Lawsuit-
The X marked by Wayne in the suit was not for Copyrights, Patents or Trademarks (intellectual property)..but instead under 190) Other Contract*..also by an individual (wayne) vs a business (CMR), not Birdman himself. Also YM is an LLC registered in Delaware while CMR is incorporated in NY..
.
This gives artists under YM the ability to leave YM but not CMR unless they are only signed to YM. Thats why Wayne was saying Baby was "incompetent" and that they
could lose Minaj/Drake etc. Even if Wayne wanted to disband YM and leave as an artist..his contract with CMR doesnt seem to be exclusively through YM but through himself as an individual so him terminating YM wouldnt give him an out from CMR. Wayne woulda had a better chance if he filed YM as a sole-proprietorship.
Waynes' suit was moved to Louisiana from NY. And this is why:
So, since wayne is a LA citizen..and both YM/CMRs' principal place of business is in LA..the suit is now in LA..which was beautiful by CMB's attorneys because LA is the only state with civil laws not primarily based on precedent but on Roman/Spanish and Napoleonic Codes
This gives an even more ambiguous nature to rulings since it is more based strictly on judicial interpretation of the contracts rather than any cases of precedent across the state or the nation (which is probably why all CMR artists get fukked, and also No Limit
)
From Birdman's suit:
So, CMR could argue that Tidal itself put a valuation of FWA/Glory at the %ownership granted to Wayne as well as direct revenue attributed to FWA streaming. So if Birdman, got copyrights for 150m and the 4 albums weren't fulfilled (they weren't)..then Wayne shouldnt win but Tidal is definitely fukked since Wayne's suit is still pending (was dropped and re-filed in LA because his lawyer knew CMR would have their request to move to LA granted and wanted to save the trouble)..and Tidal additionally needs to somehow show how much money was made off FWA which is going to be hard to do.
My verdict: Baby wins. Wayne might get 10m but not 51m. Tidal loses.
edit: i took the time to manually compose and write this other than the portions in quotes. smh @ boredom