Former co-founder of Rocafella Records and Rocawear clothing line, Damon Dash, has been hit with several multi-million dollar lawsuits. The once-heralded music mogul, Keds owner, and vodka distributor faced seizers of both his trendy Tribeca condos and a Chevy Tahoe. The $7.3 million dollar condos were foreclosed by Eastern Savings Bank for a non-payment of $78,504 over the course of several months. The bleeding doesn't stop there. Dash, 37, is also staring down a $2.1 million dollar tab from the NY State Department of Taxation and Finance, a $4,500 bill from the state for not paying workers' compensation and another lawsuit claiming he still owes a debt to the law firm that handled his child custody case.
Dash has not publicly responded to these claims, but his spokesperson Amanda Silverman claims the former-mogul "won all of his lawsuits." Court documents paint another picture. The courts show Dash settled two suits accusing him of not paying rent on two New York offices, as well as suits charging he owed large sums to fashion designer Charlotte Ronson, popular fashion firm Showroom Seven and a celebrity security guard company.
Jason Gabbard, a lawyer representing Showroom Seven, recently settled a lawsuit against Dash and his wife for over $148,505 in unpaid fees. "I've worked with musicians, artists and entertainers that in the eyes of the media are very wealthy," Gabbard said. "But to borrow a phrase from my Kentucky homeland, they haven't got a pot to p--- in - they're broke."









Reader Comments(1 of 7)
parkzflyguy18at 11-17-2008
LOL YOU SHOULD HAVE NEVER TURNED YA BACK ON HOVA! YOU SEE WHAT HAPPENED WHEN YOU WENT WITH CAM? YOU ARE FINISHED NOW AND JAY-Z'S LAUGHING AT YOU LOL. ME 2 LOL
rcc1272at 11-18-2008
SOUNDS LIKE YOU KNOW THE STORY. wHO IS HOVA AND WHAT'S JAY Z HAVE TO DO WITH ANYTHING? WHY DID THIS "USED TO BE" THINK HE COULD USE ALL OF THESE PEOPLE AND NEVER PAY HIS DEBTS? WELL, I HOPE HIS EX WIFE HAS CUSTODY OF HIS KIDS. THAT'S NOT A RESPECTABLE VILLAGE IN WHICH TO RAISE A FAMILY.
Andie Wuvs Me :)at 11-18-2008
Yea, this is a surprise. LOL If he sold all of his overpriced cars and suits he may be able to buy a more practical home now. LOL What a moh-ron!
diana12sumat 11-18-2008
HOVA is Jay-Z, Damon Dash piggy back off of Jay-Z for years until they split ways.
into228at 11-18-2008
FIRST OF ALL NO ONE PIGY BACK OFF JAY -Z I HAPPEN TO KNOW THE WHOLE STORY FROM A PERSONAL PERSPECTIVE DAMON DASH STARTED ROCAFELLA WITH MONEY THAT HIS MOTHER GAVE AFTER BEING FRUSTRATED WITH THE WAY JAY-Z WAS GETING TREATED BY THE RECORD COMPANIES NO ONE WANTED TO GIVE JAY-Z A BREAK HE GAVE JAY-Z A BREAK WHEN NO ONE ELSE WOULD.
diana12sumat 11-18-2008
This is a great article to show these young kids who look up to these fake people. Easy come easy go.
quadblissfulnessat 11-19-2008
fake people?what, like clones?please...
MASTER GREGat 11-18-2008
Dumb ss!!!
Joshat 11-18-2008
AS IF ANYONE REALLY CARES.........
joeywalnuts20at 11-18-2008
MAYBE THE GOVERMENT WILL BAIL HIM OUT?
Janat 11-18-2008
LOL FUNNY! But seriously that is probably what he is hoping will happen. Thanks for the god laugh!
splitgirlusaat 11-18-2008
Ha ha! That was funny.
elnelgat 11-18-2008
I doubt it... we haven't "overcome" that much.
BITCHat 11-18-2008
just goes to show you what greed and trying to keep up with others will get you
tonybndcat 11-18-2008
Make him "Dash" Like Dame