in ,

Billionaire Jay-Z Reportedly Files Lawsuit Against Spirits Brand Bacardi

ALSO READ:  Billionaires Jay-Z, Jack Dorsey Airdrop Around $1K Each In Bitcoin To Residents Of Marcy Houses
ALSO READ:  Jay-Z’s Record Label Sues Licensing Company Over ‘Massive Fraud’


TMZ reports 11 years after starting a partnership with the alcohol industry, Jay-Z is suing Bacardi.

With regard to D’Usse, Jay-Z has a 50/50 collaboration with Bacardi. As he is allegedly attempting to “watch the behavior of [Bacardi’s] business to defend SC’s interests as” it relates to the partnership, this may be contested.


According to the outlet, court records reveal that Jay-company, Z’s SC Liquor, is requesting complete openness over the precise amount of revenue his hugely successful cognac line is bringing in.

In addition, Jay-Z’s company is pushing for as much information as possible that can substantially prove earnings such as:

  • books
  • records
  • information about inventory and the inventory process
  • warehouse locations that store D’Usse barrels
  • bottles
  • accessories

As of now, there has not been an official word from Jay-Z or Bacardi.

The lawsuit follows just two months after a verdict from a court battle involving Jay-Z.

Jay-Z and Parlux Fragrances had a six-year dispute over an alleged breach of contract.

The fragrance company stated Jay-Z did not uphold his contractual obligations when he allegedly failed to promote their brand. Jay-Z countersued as he “fulfilled his obligations despite numerous missteps from Parlux.”


Jay-Z prevailed and would no longer have to pay the $67 million in damages. This year, Manhattan Supreme Court Justice Andrew Borrok ruled that Parlux would need to compensate Jay-Z $6.78 million in unpaid royalties coupled with an interest.

“We’ve been awarded and will be receiving the money as we should,” Jay-Z’s lawyer Alex Spiro shared, according to the New York Post.




“I Was Once Paid $100 For A Show” – Drake Tells Aspiring Artists To ‘Keep Going’

Remembering Sheila Guyse, African-American Singer And Actress