Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Pat Romanski, William Schmarzo, Elizabeth White, Carmen Gonzalez

News Feed Item

Suit Filed Against Popular Rapper Lil Wayne for Not Paying Private Jet Service

Lil Wayne Owes Over $1 Million to Signature Group for Jet-setting Lifestyle

WEST PALM BEACH, Fla., Aug. 5, 2014 /PRNewswire/ -- Signature Group LLC of Miami, Florida has filed a lawsuit for more than a million dollars against popular rapper, entrepreneur and budding sports management agent, Dwayne Michael Carter, Jr., better known as Lil Wayne. The complaint states that Young Money Entertainment, LLC and Dwayne Carter, president of Young Money Entertainment, owe more than $1 million in missed payments, fees and charges for leasing a Gulfstream private jet operated by Signature Group.

According to the complaint filed by Mrachek, Fitzgerald, Rose, Konopka, Thomas & Weiss, P.A on behalf of Signature Group, Young Money Entertainment and Lil Wayne have not paid their bills under their current lease agreement or otherwise for the greater part of 2014.

The complaint shows how Carter and his entourage used the aircraft throughout 2013 and 2014 for domestic and international flights for the purposes of business, including a European tour, and leisure, and in 2014 Young Money Entertainment, guided by Manager, Cortez Bryant and at the direction of their new business manager started missing payments under the lease agreement and failed to pay in full the operating expenses relating to flights on the aircraft.

Lil Wayne and his management team requested several costly custom improvements to the aircraft to accommodate his unique lifestyle preferences consisting of satellite telephones, a custom bed and sophisticated medical equipment.

Right now, Dwayne Carter and Young Money Entertainment owe Signature Group more than $1,066,751.67 for fees and late charges under the lease agreement and the amount continues to increase until payment is remitted.

"We provided Lil Wayne and his Young Money organization with the service they desired and expected, since 2006. We've mutually benefited from our longstanding working relationship and have had the pleasure of flying several artists under the Young Money Entertainment umbrella," stated Kevin Parrott, owner of Signature Group, LLC. "This suit could have been avoided if Young Money Entertainment paid Signature Group, as promised, before the upcoming 2014 Drake vs. Lil Wayne tour.

"We have multiple text messages from his management team, to Mr. Parrott, stating that they have 'no money' to pay the bills currently, contrary to the earlier and repeated promises to pay," said attorney Scott Konopka, who represents Signature Group.

Signature Group has repeatedly attempted to communicate with Young Money Entertainment, by phone, in writing and even text message, but Young Money Entertainment will not communicate and that has necessitated this lawsuit.

Signature Group is seeking a trial by jury and damages against Young Money Entertainment and Carter, as well as interest and attorney's fees.

About Signature Group, LLC of Florida:
Signature Group LLC, with offices in Miami, Florida and on Wall Street in New York City, is a premium boutique provider and owner of private jets for lease. Signature Group focuses principally on the recording industry, concentrating on live music tours worldwide. Signature Group understands and accommodates live music tour travel budgets providing maximum financial vitality for artist, concert organizers and management booking companies.

About Mrachek, Fitzgerald, Rose, Konopka, Thomas & Weiss, P.A:
Mrachek, Fitzgerald, Rose, Konopka, Thomas & Weiss, P.A handles high-end, sophisticated commercial litigation in state and federal courts. The Firm has offices in West Palm Beach, and Stuart, Florida, and is comprised exclusively of trial lawyers. For more information, visit www.mrachek-law.com.

Media Contact: Tom McNicholas [email protected] 772-263-1567

SOURCE Mrachek, Fitzgerald, Rose, Konopka, Thomas & Weiss, P.A

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
It's time to face reality: "Americans are from Mars, Europeans are from Venus," and in today's increasingly connected world, understanding "inter-planetary" alignments and deviations is mission-critical for cloud. In her session at 15th Cloud Expo, Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems, discussed cultural expectations of privacy based on new research across these elements
In today's application economy, enterprise organizations realize that it's their applications that are the heart and soul of their business. If their application users have a bad experience, their revenue and reputation are at stake. In his session at 15th Cloud Expo, Anand Akela, Senior Director of Product Marketing for Application Performance Management at CA Technologies, discussed how a user-centric Application Performance Management solution can help inspire your users with every applicati...
As enterprises engage with Big Data technologies to develop applications needed to meet operational demands, new computation fabrics are continually being introduced. To leverage these new innovations, organizations are sacrificing market opportunities to gain expertise in learning new systems. In his session at Big Data Expo, Supreet Oberoi, Vice President of Field Engineering at Concurrent, Inc., discussed how to leverage existing infrastructure and investments and future-proof them against e...
The consumption economy is here and so are cloud applications and solutions that offer more than subscription and flat fee models and at the same time are available on a pure consumption model, which not only reduces IT spend but also lowers infrastructure costs, and offers ease of use and availability. In their session at 15th Cloud Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia, discussed this shifting dynamic with an ...
Due of the rise of Hadoop, many enterprises are now deploying their first small clusters of 10 to 20 servers. At this small scale, the complexity of operating the cluster looks and feels like general data center servers. It is not until the clusters scale, as they inevitably do, when the pain caused by the exponential complexity becomes apparent. We've seen this problem occur time and time again. In his session at Big Data Expo, Greg Bruno, Vice President of Engineering and co-founder of StackI...
Once the decision has been made to move part or all of a workload to the cloud, a methodology for selecting that workload needs to be established. How do you move to the cloud? What does the discovery, assessment and planning look like? What workloads make sense? Which cloud model makes sense for each workload? What are the considerations for how to select the right cloud model? And how does that fit in with the overall IT transformation?
You use an agile process; your goal is to make your organization more agile. But what about your data infrastructure? The truth is, today's databases are anything but agile - they are effectively static repositories that are cumbersome to work with, difficult to change, and cannot keep pace with application demands. Performance suffers as a result, and it takes far longer than it should to deliver new features and capabilities needed to make your organization competitive. As your application an...
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises a...
The recent trends like cloud computing, social, mobile and Internet of Things are forcing enterprises to modernize in order to compete in the competitive globalized markets. However, enterprises are approaching newer technologies with a more silo-ed way, gaining only sub optimal benefits. The Modern Enterprise model is presented as a newer way to think of enterprise IT, which takes a more holistic approach to embracing modern technologies.
SYS-CON Events announced today that SUSE, a pioneer in open source software, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. SUSE provides reliable, interoperable Linux, cloud infrastructure and storage solutions that give enterprises greater control and flexibility. More than 20 years of engineering excellence, exceptional service and an unrivaled partner ecosystem power the products and support that help ...
Move from reactive to proactive cloud management in a heterogeneous cloud infrastructure. In his session at 16th Cloud Expo, Manoj Khabe, Innovative Solution-Focused Transformation Leader at Vicom Computer Services, Inc., will show how to replace a help desk-centric approach with an ITIL-based service model and service-centric CMDB that’s tightly integrated with an event and incident management platform. Learn how to expand the scope of operations management to service management. He will al...
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impac...
There's no doubt that the Internet of Things is driving the next wave of innovation. Google has spent billions over the past few months vacuuming up companies that specialize in smart appliances and machine learning. Already, Philips light bulbs, Audi automobiles, and Samsung washers and dryers can communicate with and be controlled from mobile devices. To take advantage of the opportunities the Internet of Things brings to your business, you'll want to start preparing now.
In a world of ever-accelerating business cycles and fast-changing client expectations, the cloud increasingly serves as a growth engine and a path to new business models. Dynamic clouds enable businesses to continuously reinvent themselves, adapting their business processes, their service and software delivery and their operations to achieve speed-to-market and quick response to customer feedback. As the cloud evolves, the industry has multiple competing cloud technologies, offering on-premises ...
As the world moves from DevOps to NoOps, application deployment to the cloud ought to become a lot simpler. However, applications have been architected with a much tighter coupling than it needs to be which makes deployment in different environments and migration between them harder. The microservices architecture, which is the basis of many new age distributed systems such as OpenStack, Netflix and so on is at the heart of CloudFoundry – a complete developer-oriented Platform as a Service (PaaS...