Lil Wayne Takes Major Loss In $20M Legal Battle With Ex-Manager: Report
Lil Wayne took a major loss in his $20 million legal battle with his ex-manager. An appeals court rejected four of Weezy’s major claims in the case. According to Law.com, Lil Wayne’s former manager, Ronald Sweeney, had four claims in the lawsuit that was denied by the Appellate Division for “causes of action for fraudulent inducement, legal malpractice, breach of fiduciary duty, and unjust enrichment.”
Sweeney served as Wayne’s primary attorney and manager since 2005. He is seeking his percentage from his settlement from Birdman and Cash Money Records, which allegedly totals up to $20 million.
The lawsuit allegedly states that the New Orleans rapper “failed and refused to pay plaintiffs his promised 10 percent of the recovery from lawsuits, 10 percent of the sale of master recordings owned by Lil Wayne’s record label, and then 17 percent in general commissions that he owes to Plaintiffs in connection with Plaintiff’s day to day management activities.”
According to AllHipHop, the Young Money founder did not show up to the deposition in the lawsuit with Ronald Sweeney in August 2021. Sweeney’s team felt Wayne was attempting to stall until the lawsuit was dismissed by a judge.
Harris said he was pleased “that the appellate court rejected Lil Wayne’s cynical attempt to avoid paying Ronald Sweeney for the work that Mr. Sweeney did for him,” per Law.com. “Mr. Sweeney will vigorously pursue his claims for payment and require Lil Wayne to appear in court to answer for his actions.”