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The legal and financial dispute between 50 Cent and former G-Unit rapper Young Buck is still ongoing. If you’re not familiar with the dispute, Buck claimed he had to file for bankruptcy several times due to Fif’s business practices and for the most part 50 responded by being petty and ridiculing Buck and leaving hear that he was gay.
“Once he stopped me from making money, I filed for another bankruptcy,” Buck said of 50, as we previously reported. “They stopped him from cease and desist when it came to my power, you know…I included what he claimed I owed him in the bankruptcy so they could say, ‘Well, if you’re owed this and show the receipts or whatever… You’ll get paid type of situation. But it was the only way for me to keep working, so.
Well, now 50 does more than just result in an immature clown in response to Buck’s claims. Instead, he and his legal team outright dispute what Buck said and insist that he was the one who refused to honor his contractual obligations.
According to legal documents obtained by AllHipHop, 50’s legal team claims Buck failed to fulfill the terms of his 2014 contract for which 50 paid him $250,000. 50, who claims he is owed two Buck albums, wants the money back and also accuses the rapper of not disclosing royalties he received from music he released.
50 requests that the money he claims is owed to him not be released in Buck’s bankruptcy filing. He wants these debts to be declared non-dischargeable and is seeking “further relief as he deems just and appropriate”.
“By failing to disclose the works and royalties, including without limitation at its meeting of creditors and in its petition and attachments, defendant, intending to obstruct, delay or defraud a creditor, creditors and/or estate agent, has transferred, removed, destroyed, mutilated or concealed, or allowed to be transferred, removed, destroyed, mutilated or concealed his property, within one year preceding the date of the petition, or estate assets, after the date of the petition,” 50 Cent’s legal team said in a statement.
You would probably have to be an experienced lawyer fluent in lawyers’ jargon to understand anything in the quote above, but the long and short seems to be that Buck is being accused of intentionally concealing his deer creditors to avoid paying his debts and fulfilling his obligations at 50.
In fact, the 1950s attorneys also claim that Buck has not disclosed property he owns, such as a black 2017 F-250 truck, which Buck claims has been totaled. The attorneys say that, along with everything else, illustrates how Buck “knowingly and fraudulently, in or in connection with the bankruptcy case, made a false oath or account.”
It’s just a big mess, isn’t it?