Death Row Records May Go Into Recievership

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mrtonguetwista

$$ Deep Pockets $$
Feb 6, 2003
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LOS ANGELES (AP) - A judge on Thursday ordered Marion ``Suge'' Knight to appear at a hearing next month to discuss his assets - or risk having the court take control of the rap-music mogul's Death Row Records.

Knight has been in a legal battle since he lost a $107 million judgment last year to a woman who claimed she helped start the record empire.

Attorneys for Lydia Harris and her ex-husband, an imprisoned drug dealer who is seeking half of the award as part of their divorce, urged the judge Thursday to place Knight's company in receivership.

Michael Harris' attorneys accused Knight of trying to evade his legal obligations by failing to show up for debtor examinations three times. He was absent from Thursday's hearing.

``Enough is enough,'' said attorney Steve Goldberg. ``It is time for a receiver and an order for contempt. There are rules of court that should be obeyed and Mr. Knight is making a mockery of it.''

Attorney Rex Beaber, who represents Lydia Harris, accused Knight of shifting his assets.

Knight's lawyer, Dermot Givens, asked Judge Ronald Sohigian for a postponement because Knight was hiring a new team of lawyers, but the judge refused.

The judge also enjoined Knight from transferring or hiding any assets.

Givens promised Knight would appear at the April 1 hearing, and pledged his client would not hide any assets.

Last December, a judge in Monterey County froze Knight's assets, saying Knight and his lawyers had failed to answer questions and provide information in the case.

Michael Harris, who is serving a 28-year sentence at San Quentin State Prison, claims he put up $1.5 million from behind bars to help start the record label. Knight has repeatedly denied that.
 
Feb 10, 2006
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Suge has been sued for in total of about 4 trillion dollars and he's still fuckin rich. you think a judge is going to stop him. and whatever happened to daz's money too. this news is like whatevers to me and it dies seem like deathrow is making moves to head to the right direction again.