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In two interviews with Variety, Dash - first speaking alone, and later with attorney Natraj Bhushan - talked about the rough time the CEO had unloading Roc-A-Fella, how he would have preferred to hammer things out with Jay-Z in a sit-down, and what immediate plans his Damon Dash Productions has in terms of music. “Are his lawyers talking?”Īlex Spiro, an attorney for Shawn Carter (Jay-Z’s real name), would not comment on the record, suggesting that their previous court paperwork and the judge’s decision speak for themselves. “I’m being transparent about all of this. Dash claimed breach of fiduciary duty, among other charges in the suit, and wants at least $1 million in damages.Īll of Dash’s current moves – from the copyright lawsuit through to claiming he has auction rights to “Reasonable Doubt” - could be seen as either a suicide squeeze or a Hail Mary play. Carter Enterprises LLC without authorization or agreement among Roc-A-Fella Inc. On July 13, Dash’s lawyers filed a summons in New York Supreme Court claiming that Jay-Z transferred all streaming rights to “Reasonable Doubt” to S. to his own LLC in licensing the music to Spotify, Apple and other streamers. While Dash was waiting to “mint” the NFT, Dash’s lawyer, Natraj Bhushan, sued Jay-Z for supposedly switching “Reasonable Doubt” streaming rights from Roc-A-Fella Inc. CEO contends his NFT of “Reasonable Doubt,” which he says is the sole asset of Roc-A-Fella Inc., will be auctioned to the highest bidder, and sooner rather than later. By attempting such a sale, Dash has converted a corporate asset and has breached his fiduciary duties.” Yet the Roc-A-Fella Inc. In June, the opinion of Manhattan judge John Cronan was that “Dash can’t sell what he doesn’t own. In Lawsuit Over Jay-Z NFT Auction, Damon Dash and Roc-A-Fella Dispute What's at Stake, Beyond a 'Reasonable Doubt'

Jay-Z and Artist Derrick Adams Unveil NFT to Commemorate 25th Anniversary of 'Reasonable Doubt' Debut Jay-Z and Jack Dorsey Talk - Very Vaguely - About Future Plans for Their Tidal Streaming Service

I’m gonna sell it without anybody bothering me,” he adds in the Q&A (see below). “I’m not trying to sell everybody else’s third. “Stay tuned,” Dash tells Variety, saying that an NFT auction of his much-disputed assets could come this week, in spite of anyone else’s interpretation about what the legal system has allowed him to do. One thing, for sure, though: When Dash “lost” in his recent attempt to sell his one-third share of the label via an NFT of Jay-Z’s debut album, 1996’s “Reasonable Doubt,” there was no way that defeat would signal the end of the story. Keeping track of what has gone on between Damon Dash and Jay-Z – onetime friends and cofounders of Roc-A-Fella Records – in the last three weeks has become something of a bloodlust-y spectator sport with unexpected twists at every turn.