Well it looks like Jay just found his 100th problem…pun intended. Stemming from a claim that originally began in 2012, Jigga man be going to court to submit a deposition in a 2012 lawsuit brought against him by the man who designed his famous Roc-A-Fella Records logo. Manhattan Federal Judge Ronald Ellis has ruled the copyright-infringement case filed by clothing designer Dwayne Walker can move forward now. With the claim actually being approved to move forward, Jay may have to cough up how much to Walker??
$7 million dollars, said Gregory Berry, lawyer for Walker. According to an excerpt in NY Daily, “For over 18 months, Jay Z and the other defendants have done everything they can to avoid swearing under oath to the events that led to the creation of the logo,” Berry said in a statement. “With the decision … the defendants’ tactics must stop, and Mr. Walker’s quest for justice can move forward.” Jay’s facing charges of copyright infringement over his Roc-A-Fella logo clothing, due to the fact designer Dwayne Walker claims Jay and his former business partner, Damon Dash, never gave Dwayne the 2 percent royalties they offered him back when Roc-A-Fella was created in 1995.
He says he agreed to create the logo and license it to the pair for $3,500 and a 2% stake for 10 years. Being that Jay is worth almost half a billion dollars all by his lonesome, with the added bonus us being married to to Queen Bey, Walker definitely knows Jay is good for it. The question is will Jay ante up sizable $7 million dollar settlement? Developing….
What do you think? Do you think the designer is justified in collecting royalties?
