WATCH: Dame Dash Confronts Lee Daniels for Not Repaying $2 Million Loan

Dame Dash needs Lee Daniels to run him his cash … NOW! Years in the past, Damon Dash lent Lee Daniels $2 million to provide the 2004 film “The Woodsman.” In return for the cash, Dame says he obtained a written settlement from Daniels that promised him government producer credit, 50 percents of the movie’s rights, and a assure that the $2M funding could be repaid in full with curiosity. Apparently, that by no means occurred and Dame filed a lawsuit in 2014. In 2015, Dash and Daniels settled the swimsuit, with Dame’s lawyer Natraj Bhushan calling it a “artistic, truthful” settlement that “calls for them to work collectively within the not-so-distant future.” It appears to be like like that by no means occurred, and Dame needs his a refund not now, however RIGHT NOW. Earlier right now, the Roc-A-Fella Data co-founder shared a video on Instagram exhibiting him confronting Daniels in what seems to be a church service, telling him that he wants his cash and he’s keen to file one other lawsuit to get it if want be. He captioned the clip: I straight up loaned this dude Lee Daniels @theoriginalbigdaddy 2 million to pay for his dream of being a director…it was the cash I used to be utilizing to fund my motion pictures and keep Indy…he promised I get my a refund in months…then he makes treasured and goes lacking so he doesn’t must pay me…then then Butler…empire…similar sh*t Why does this dude really feel like he doesn’t must pay me?…why do I’ve to look loopy to get my a refund…or go to courtroom…ask @theoriginalbigdaddy why he doesn’t really feel like he has to pay me though he has it…what kind of sh*t is that this.. #paywhatyouowe I’m going to place this complete factor on my ig television in a couple of… true definition of a tradition vulture @culturevultures_book …eats off the tradition however Robs the tradition on the similar time… see you again in courtroom Lee your gonna pay me what you owe…please everybody ask him method he doesn’t suppose he has to pay me.. It’s clear from this video that Dame is NOT taking part in about his cash, and will you truthfully blame him? $2 million (that’s MILLION, with an M) is not any small quantity. And if somebody who clearly has the cash (Daniels’ web price is considerably larger than $2 million, particularly when you think about he’s the creator of hit exhibits like “Empire” and “Star”) is holding out, then you must do what you must do, even when meaning taking them to courtroom. Based on Deadline, Dame Dash has filed one other lawsuit—this time for $5 million—claiming Lee Daniels promised to attempt to get him an government producer credit score for a Richard Pryor biopic, together with 5 p.c of Daniels’ backend income and didn’t maintain as much as his finish of the settlement. http://feeds.gossiponthis.com/~r/gossiponthis/~3/KN8JgpY4kfg/ The post WATCH: Dame Dash Confronts Lee Daniels for Not Repaying $2 Million Loan appeared first on My style by Kartia.