Young Buck Could Lose His Name In Bankruptcy Case, Deal With Cash Money In Jeopardy
Young Buck just can’t get a break as G-Unit’s outcast could possibly be beat with the most deadliest blow yet… the loss of his stage name… “Young Buck.”
Young Buck, real name David Darnell Brown, could also lose other assets in a bankruptcy case that the MC says is also blocking him from signing a new label deal with Cash Money records.
According to The Associated Press, Davidson County Bankruptcy Judge George Paine converted the artist’s bankruptcy from Chapter 11 reorganization to Chapter 7 liquidation this week.
The trustee administering his estate has said she plans to sell the trademarked “Young Buck” name along with other assets.
To date, creditors have submitted 22 claims totaling $11.5 million in Buck’s bankruptcy case, including $10 million that the record label G-Unit Records says Buck owes them over a contract dispute.
– For statements by Young Buck & more courtesy of hiphopwired.com, click HERE