Music Producer Scott Storch Ordered To Pay 500K Over Home Loan
Written by HipHopRX on February 29th, 2008 in Entertainment, Hip-Hop Justice, People - U.S., Music News.
Music producer Scott Storch is in the hot seat over a home loan. Manager and record label executive, David Menefield, owner of the LA Confidential label, won a judgment against producer Scott Storch for failing to pay back a loan to prevent his home from going into foreclosure in 2003. Menefiled filed the lawsuit in May ‘07 against the producer.
Through Menefield’s attorney Bret Lewis, he lent Scott Storch’s Tuff Jew Productions $100,000 due to financial problems at the time. Scott Storch never repaid the loan and didn’t pony up the portions of the agreement made between the two which promised four tracks for one of Menefield’s artist worth $100,000 each.
On February 13, the judge agreed with Menefield and ordered Scott Storch to pay $509,717 which included the loan, attorney fees and the four tracks ($400,000).
Print This Post
Last 5 posts in Entertainment
- Diddy Turns 40, Still Parties Like a Rockstar! Jay-Z Pissed At Beyonce?! (Photos) - November 20th, 2009
- Beyonce Says She's Not Ready For Kids Despite Jay Z's Wants! - November 19th, 2009
- Bad Ass Beyonce Knowles Clip! Crowd Surfing In High Heels + Twitter Recap! - November 18th, 2009
- Rihanna's Wardrobe Malfunction Causes Nipple Slip At Awards Show (Photos) - November 18th, 2009
- Carmen Electra's Leaked Lesbian Sex Tape Video (Slightly NSFW) - November 18th, 2009
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
December 15th, 2008 at 7:22 pm
[…] headlines for home foreclosures include T-Boz of TLC, as mentioned earlier, Dame Dash, producer Scott Storch and songstress Aretha Franklin. bbb6 ShareThis […]
April 17th, 2009 at 5:03 pm
[…] addition to that, back on February 13 of last year, a judge ordered Scott Storch to pay $509,717 which included a home loan, attorney fees and penalties for four tracks (valued at […]