Wednesday, September 1, 2010

Young Buck Planning 50 Cent Lawsuit Over Record Deal

 Young Buck is planning to take on rival and G-Unit leader 50 Cent for an amount that could be as much as $5 million dollars. 


According to the Nashville City Paper, Young Buck will sue 50 Cent for his freedom from his G-Unit recording contract, which has prevented him from releasing material, or recording guest appearance tracks with other artists. 


Young Buck, born David Darnell Brown, filed for Chapter 13 bankruptcy protection, to pay off his debt in a structured, timely manner. 


The Nashville rapper will file a lawsuit against 50 Cent, G-Unit and Sha Money XL. 


"Mr. Brown intends to reorganize his debts and pay off the IRS in a timely manner through Chapter 13," Lynda Brown told the City Paper. "We hope to secure the return of his personal property quickly. He will also be filing a lawsuit in the next 30-60 days against his former manager, G Unit label and Mr. Curtis Jackson."


In a previous statement regarding his debt to the IRS, Young Buck claimed his tax troubles were the result of inept business practices.  


"This IRS situation came about because I trusted accountants, lawyers, and managers to handle my business for me while I focused on making music," Young Buck told AllHipHop.com in a statement. "From now on, I am going to stay on top of my own business."


In 2008, Sha Money XL claimed that G-Unit had paid Young Buck over $10 million in royalties as an artist on G-Unit Records. 


Young Buck has publicly denied receiving anywhere near that amount from the label. 

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