Ashanti is known as the princess of hip-hop by many and by others the chick everyone was jealous of. Either way you put, she’s having a little trouble just like many of the people in the music industry, but hers is a contract dispute with her former producer Genard Parker.

Since the two didn’t want to carry the dispute on too long, they opted for an out-of-court settlement which began on Monday which many of the details where not disclosed.

“I’m very pleased with the outcome”, stated 25-year-old Ashanti.

Because Parker was trying to be a little greedy from what we know, aiming at getting $2.3 million (1.2m) for helping her career. Ashanti attorneys being so keen and smart said he was only owed $50,000 ($26,500)

Her attorneys said the decision by both sides to drop all litigation was “an excellent result”.

Parker, who initially helped Ashanti record a couple of demo tapes at the launch of her music career, stated outside the New York court he was “happy it’s over”.

In a previous trial sometime last year in New York, Ashanti was ordered to pay Mr Parker $630,000 ($335,000). The ruling didn’t go as Parker planned due to the fact the judge later rejected most of the award, ruling the jurors did not have sufficient facts to determine the proper amount of damages.

 Print This Post

a d v e r t i s e m e n t

Last 5 posts in Ashanti

• Whose Celebrity Sister Is This? - April 16th, 2009
• Plies ft. Ashanti - Want It, Need It Music Video - February 7th, 2009
• 'Just Stand Up' Video ft. Mariah, Beyoncé, Mary J., Rihanna, Fergie, Keyshia Cole, Ciara and others - September 15th, 2008
• Ashanti Feels Like An Underdog; Video Interview With Hot 97's Angie Martinez - April 18th, 2008
• Movie 'Resident Evil: Extinction' To Feature Ashanti - July 9th, 2007

Last 5 posts in Hip-Hop Justice

• Rapper Gucci Mane Receives 1 Year In Prison, Talks From Behind The Bars - November 19th, 2009
• C-Murder Has No Money For Appeal, Attorneys Step In; Master P Has Words - November 12th, 2009
• Rapper B.G. Jailed On Gun Charges; Held Without Bond - November 9th, 2009
• Baby and Slim Release Statement on Behalf of Lil Wayne's Guilty Plea - October 26th, 2009
• Lil Wayne Pleads Guilty For Gun Possession, May Serve 1 Year In Jail - October 22nd, 2009

Last 5 posts in Music News

• 50 Cent and Sexy Vivica A. Fox Getting Busy on the Set of Baby By Me + Photos - November 18th, 2009
• Jay-Z Blueprint 3 Tour Brings On Young Jeezy; 2010 Tour Dates - November 9th, 2009
• Rapper The Game Album 'The Red' Gets Kicked To 2010; Wrapping Up With Dr. Dre - November 9th, 2009
• Rapper David Banner to Release Free Album 'Death of a Popstar' - November 9th, 2009
• Rihanna Premieres 'Wait Your Turn' and Rated R Tracklisting (Photos) - November 4th, 2009

Last 5 posts in People - U.S.

• Diddy Turns 40, Still Parties Like a Rockstar! Jay-Z Pissed At Beyonce?! (Photos) - November 20th, 2009
• Gospel Rapper Da Truth Had Affair With Tye Tribbet's Wife, After He Slept With BF's Baby Mama! - November 20th, 2009
• Miley Cyrus Tour Bus Involved In Deadly Crash! More Details Revealed + Photos - November 20th, 2009
• Singer Nivea says She's Still Pregnant With Rapper Lil Wayne's Baby After Rumor - November 19th, 2009
• Whoa! 50 Cent Holding Rick Ross' Son with Floyd Mayweather Jr. In Tow (Photos) - November 18th, 2009