JAY-Z, Dame Dash Reportedly Seeking Settlement in 'Reasonable Doubt' NFT Lawsuit
The legal battle has been ongoing since June 2021.
Roc-A-Fella Records co-founders JAY-Z and Dame Dash are reportedly seeking a settlement in the legal battle surrounding Hov’s Reasonable Doubt NFT sale.
According to court documents obtained by AllHipHop, Alex Spiro, JAY-Z’s lawyer, confirmed to a lawyer that ““The parties are in the process of meeting and conferring to determine whether they can reach an agreement that would obviate the need for [Roc-A-Fella Records, Inc.] to file the motion [for a permanent injunction].” He added, “And the parties are also in the process of meeting and conferring to determine whether they can reach a settlement agreement that would resolve this case.”
Spiro added that he received authorization to send the letter on behalf of Dame Dash and GoDigital Records, LLC, and that in the event that the two do not reach a settlement, Hov could seek a permanent injunction again Dash:
“Plaintiff Roc-A-Fella Records, Inc. intends to file a post-discovery motion for summary judgment seeking entry of a permanent injunction preventing defendant Damon Dash from altering in any way, selling, assigning, pledging, encumbering, contracting with regard to, or in any way disposing of any property interest in the album Reasonable Doubt, including its copyright and including through any means, such as auctioning a non-fungible token (NFT) reflecting, referring, or directing such interest.”
In mid-2021, Roc-A-Fella reportedly sued Dash for attempting to sell JAY-Z’s Reasonable Doubt — which is supposedly owned by the label as opposed to Dash — as an NFT. The sale was eventually blocked by the court.
Elsewhere in music, Conway The Machine claimed that his Griselda contract was not in his favor.
