Lawsuit: Birdman Fights To Stop Bank From Seizing His Recording Studio Money

Birdman Fights To Stop Bank From Seizing His Recording Studio Money
Birdman Fights To Stop Bank From Seizing His Recording Studio Money

Birdman has rushed to court in an attempt to save his music income from being seized as part of an ongoing $20 million legal battle. According to court documents obtained by The Blast, Birdman is demanding a judge not allow one of his creditors from taking profits made from his Florida recording studio.

The lawsuit in question was filed in 2017 by a company named EMG Transfer Agent. The lender accused Birdman of borrowing $12 million from them and using his Miami mansion as collateral.

The suit accuses Birdman of defaulting on the loan and seeks $20 million in damages.

EMG Transfer Agent recently went to court demanding all profits from Birdman’s recording studio. The studio is located at Birdman’s former Miami home. The lender argued the profits should also be seized.

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Read the article on theblast.com >

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