Birdman Is Suing Jay Z and Tidal Over Lil Wayne For $50 Mil

NkrumahWasRight Is Wrong

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Breh and brehs LLC :wow: we got lawyers on deck

j-j-j-j-jj-j-jew unit

smugoj-png.6611
 

Big Boss

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:patrice: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:ld:
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 :banderas: 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 :banderas:)

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





:ohhh:
 

DonKnock

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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.



IP is my area, but like it says here, they took it into breach of contract and not IP.:patrice:

The suit says that it was agreed that Wayne would be registered for joint ownership of the Copyrights and Bird instead registered them only to CM.

That is an easy point of contention they have for breach of contract. They're either registered with Wayne on them or not.

The money in those revolving accounts would be a little harder to track down; Baby is already claiming, from what it hints at in there, that he was using the money for marketing himself rather than putting it into the account for discretionary use.

Birdman definitely will get something out of that Tidal suit, since he retains all of Wayne's copyrights, but he very well could lose the suit with Wayne even with Louisiana's Napoleonic code.

Louisiana's Courts are so backlogged though, that Bird can win that Tidal suit, get the money together, and Wayne's suit still might not have gotten to trial yet:francis:
 
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NvrCMyNut

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"Jay is a failure at music streaming"
"Jay Z's fledgling company"
"desperate and illegal attempt to save their struggling streaming service"

TMZ cacs throwing crazy shade at Jay-z &Tidal:wtb:Makes u think...
 

NkrumahWasRight Is Wrong

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IP is my area, but like it says here, they took it into breach of contract and not IP.:patrice:

The suit says that it was agreed that Wayne would be registered for joint ownership of the Copyrights and Bird instead registered them only to CM.

That is an easy point of contention they have for breach of contract. They're either registered with Wayne on them or not.

The money in those revolving accounts would be a little harder to track down; Baby is already claiming, from what it hints at in there, that he was using the money for marketing himself rather than putting it into the account for discretionary use.

Birdman definitely will get something out of that Tidal suit, since he retains all of Wayne's copyrights, but he very well could lose the suit with Wayne even with Louisiana's Napoleonic code.

Louisiana's Courts are so backlogged though, that Bird can win that Tidal suit, get the money together, and it still might not have gotten to trial yet:francis:

Thats what Im thinking..however I think it lessens the chance Wayne gets immediate release from contract without settlement or close to the 50 mil requested. Wayne has a good case for breach on the 8m advance, perhaps the extra 2 for completion..but he essentially proclaimed he didnt have copyright (at the very least, exclusive), nor did he file for any IP..so unless he can try and argue that he didnt file for them because he already owned them (?lol), then Tidal is super fukked and Bird could possibly counter-sue Wayne depending on their contract verbiage.

edit to add/clarify: counter-sue also on breach and maybe on a non-compete clause.

Contracts in Louisiana are known as “conventional obligations.” The “obligor” is the one who owes performance under the contract; the “obligee” is the one to whom the performance is owed. Performance may consist of giving, doing something, or not doing something.

When an obligor fails to perform as promised, or performs late, or performs defectively, he breaches the contract.

Louisiana is somewhat unique in imposing on the parties to a contract the obligation to act in good faith. A party’s failure to act in good faith can sometimes be a breach of the contract.

Could be argued that Wayne performed late, or at least not as promised or in good faith. 2 compilation albums (not solo = perhaps deceptive/ not in good faith to a judge), still didnt fulfill with FWA not being under CMR, took a long time to release (Can use "Sorry for the Wait" title against him, particularly amusing if they are using lyrics against baby/thug vs wayne investigation)..and also released FWA in a separate business transaction as an ownership share re: good faith
 
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blackzeus

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I will take a crack. It releases the music as an exclusive mixtape and Wayne gets paid via dividends from ownership in tidal.

Exactly, record companies don't own mixtapes, they can't stop you for giving sh*t away for free. Now if the person takes your free music and streams it at a profit, that's tough luck for the label :francis:
 

thernbroom

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:wow: Stunna is clearly about that life, if this dont get settled in the courts, it will get settled in the streets

Baby The Birdman has bodies under his belt :demonic:

Jayz aint built for war, might as well slide Stunna a coupla mill and settle out of court :win:

Stunna will k!ll just to keep his lifestyle afloat....plaboi is flying around in private jets, u think hes going back to economy class :comeon:

Over ur dead body believe dat :pacspit:
 
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What is Birdamn gonna do after he gets the 50 mil in a settlement? Give right back to Lil Wayne?:mjlol:
 
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