Entertainment
Lil Wayne Takes A $20M Loss In Legal battle With Ex-Manager
According to Law.com, the Appeals Court denied several claims in Lil Wayne’s lawsuit against a former manager. The claims include causes of action for fraudulent inducement, legal malpractice, breach of fiduciary duty, and unjust enrichment.
The First Division concluded that Weezy’s accusations against his former employee held no ground, effectively nullifying a fraction of the lawsuit, which was initially filed in 2019. The New Orleans rapper alleges that Sweeney’s firm, Sweeney, Johnson & Sweeney LLC, took disproportionate payments from legal settlements with Cash Money Records and Universal Music Group. He also said that Sweeney charged him 10% to broker deals for him, a figure significantly above the standard 5% fee.
In December 2020, Sweeney filed a suit against his former client for over $20 million in unpaid commissions. The rapper then filed his aforementioned suit, in which he accused Sweeney of overcharging him and not fulfilling his managerial duties. a lawyer from 2005 until 2018 when the pair parted ways.
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