Jay Z sued for $18 million for not doing promo for perfume, says he didn't read contract

[Umoja]

Did Jay-z sign the contracts?

Not reading the contracts might be a defence if people are authorised to enter into agreements on his behalf, when certain conditions have been met.

I suppose their next argument would be his agents having the ostensible authority to enter into agreements on his behalf.

 

[SleezyBigSlim]

lost 18 mill had to fall back

Went to court and had to give it all back if I'm not an ignorant b*stard what do you call that

 

[mobbinfms]

If I say 2 x 2 = 4 and you say 1 x 2 = 4, we both got the right answer

 

[mobbinfms]

The fact is, there isn’t some black letter law that says as a business man you understand every contract in front of you. You have to look at how the contract was drafted and the understanding between the parties. Jay could argue that they had an oral agreement and the written contract was supposed to memorialize that and he didn’t read the fine print. That’s his point about not being a lawyer. He’s arguing that he didn’t read it and he didn’t have legal counsel involved so he was operating from a position of ignorance.

 

[mobbinfms]

 

[MJ Truth]

this doesn’t make sense.

Nah it certainly makes sense.

Whether that’s the reason or not I don’t know, but the logic is sound.

 

[CrimsonTider]

Nah it certainly makes sense.

Whether that’s the reason or not I don’t know, but the logic is sound.

No it’s not.

‘jay z got in business with them because he wanted a cologne.

 

[Higher Tech]

I doubt he gets hit with the whole 18 million. It's also impossible to get the details of the entire case from snippets of the defendants testimony.

 

[MJ Truth]

No it’s not.

‘jay z got in business with them because he wanted a cologne.

That’s not a response to the point of his statement lol.

Jay Z got a cologne because they came to him with a deal that made sense. He didn’t go looking for them, this was essentially an endorsement deal. Once he kept getting more popular and his other businesses were rising he just distanced himself from the cologne because if it was gonna end up in bargain stores it would bring his overall brand down.

Do you get it now?

 

[UpAndComing]

Did you not read they suffered damn near 20 mil in damages after he stopped promoting.

You and I both have not seen the Accounting records

 

[Sonic Boom of the South]

Have dinner with a nikka that dobt read contracts brahs​

 

[JesusFOREVER]

So Jay Z is not even a good businessman?

Let me find out he dont really know how much money he actually has either.

He got caught slippin, happens to everyone

 

[I'm Blackman]

CANCEL that dinner with Jayz, I will take the money.

Jay don't even believe in a cologne with his name on it, he probably don't know how it smell

underrated post.

 

[vdfebduderocks]

Basically the suit is trying to claim that Hov's the reason the line (and effectively their business) suffered.

It's a high burden to prove in NYS though. However, it's an expected lawsuit from someone in Hov's capacity.

I have a feeling this'll be settled or denied.

 

[Damnshow]

Jay-Z getting old and clumsy. That's an inexcusable L for not reading the details.