Welcome!

News Feed Item

Suit Filed Against Popular Rapper Lil Wayne for Not Paying Private Jet Service

Lil Wayne Owes Over $1 Million to Signature Group for Jet-setting Lifestyle

WEST PALM BEACH, Fla., Aug. 5, 2014 /PRNewswire/ -- Signature Group LLC of Miami, Florida has filed a lawsuit for more than a million dollars against popular rapper, entrepreneur and budding sports management agent, Dwayne Michael Carter, Jr., better known as Lil Wayne. The complaint states that Young Money Entertainment, LLC and Dwayne Carter, president of Young Money Entertainment, owe more than $1 million in missed payments, fees and charges for leasing a Gulfstream private jet operated by Signature Group.

According to the complaint filed by Mrachek, Fitzgerald, Rose, Konopka, Thomas & Weiss, P.A on behalf of Signature Group, Young Money Entertainment and Lil Wayne have not paid their bills under their current lease agreement or otherwise for the greater part of 2014.

The complaint shows how Carter and his entourage used the aircraft throughout 2013 and 2014 for domestic and international flights for the purposes of business, including a European tour, and leisure, and in 2014 Young Money Entertainment, guided by Manager, Cortez Bryant and at the direction of their new business manager started missing payments under the lease agreement and failed to pay in full the operating expenses relating to flights on the aircraft.

Lil Wayne and his management team requested several costly custom improvements to the aircraft to accommodate his unique lifestyle preferences consisting of satellite telephones, a custom bed and sophisticated medical equipment.

Right now, Dwayne Carter and Young Money Entertainment owe Signature Group more than $1,066,751.67 for fees and late charges under the lease agreement and the amount continues to increase until payment is remitted.

"We provided Lil Wayne and his Young Money organization with the service they desired and expected, since 2006. We've mutually benefited from our longstanding working relationship and have had the pleasure of flying several artists under the Young Money Entertainment umbrella," stated Kevin Parrott, owner of Signature Group, LLC. "This suit could have been avoided if Young Money Entertainment paid Signature Group, as promised, before the upcoming 2014 Drake vs. Lil Wayne tour.

"We have multiple text messages from his management team, to Mr. Parrott, stating that they have 'no money' to pay the bills currently, contrary to the earlier and repeated promises to pay," said attorney Scott Konopka, who represents Signature Group.

Signature Group has repeatedly attempted to communicate with Young Money Entertainment, by phone, in writing and even text message, but Young Money Entertainment will not communicate and that has necessitated this lawsuit.

Signature Group is seeking a trial by jury and damages against Young Money Entertainment and Carter, as well as interest and attorney's fees.

About Signature Group, LLC of Florida:
Signature Group LLC, with offices in Miami, Florida and on Wall Street in New York City, is a premium boutique provider and owner of private jets for lease. Signature Group focuses principally on the recording industry, concentrating on live music tours worldwide. Signature Group understands and accommodates live music tour travel budgets providing maximum financial vitality for artist, concert organizers and management booking companies.

About Mrachek, Fitzgerald, Rose, Konopka, Thomas & Weiss, P.A:
Mrachek, Fitzgerald, Rose, Konopka, Thomas & Weiss, P.A handles high-end, sophisticated commercial litigation in state and federal courts. The Firm has offices in West Palm Beach, and Stuart, Florida, and is comprised exclusively of trial lawyers. For more information, visit www.mrachek-law.com.

Media Contact: Tom McNicholas [email protected] 772-263-1567

SOURCE Mrachek, Fitzgerald, Rose, Konopka, Thomas & Weiss, P.A

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
"As we've gone out into the public cloud we've seen that over time we may have lost a few things - we've lost control, we've given up cost to a certain extent, and then security, flexibility," explained Steve Conner, VP of Sales at Cloudistics,in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, described how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launching ...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
"Since we launched LinuxONE we learned a lot from our customers. More than anything what they responded to were some very unique security capabilities that we have," explained Mark Figley, Director of LinuxONE Offerings at IBM, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...