Thursday, June 08, 2023

Jay Z Award $7 Million in Cologne Lawsuit


Seven years ago Parlux cologne company filed a lawsuit against Jay Z accusing him of breach of contract for failing to promote "Gold Jay Z" cologne as promised [click here if you missed that]. 

Welp, Parlux has been ordered to cough up $7 million....

Jay-Z scored a win over Parlux in court over his failed perfume brand. According to Billboard, a New York state appeals court found that Mr. Carter is owed $6.8 million in unpaid royalties for “Gold Jay-Z” cologne. Hov’s win arrived just a year after the Manhattan Supreme Court Justice demanded Parlux dish out almost $7 million plus earned interest to the rapper after they sued him for breach of contract.
Parlux’s arguments that the icon “ghosted” his perfume brand and contractual obligations, and that the court should have “set aside the verdict” and ordered a new trial have all been rejected by the court.
The judge panel spoke about their decision to uphold the August 2022 verdict that Parlux — not Shawn Carter — owed money. “There were multiple rational bases for upholding the jury verdict, and plaintiffs have not set forth a sufficient basis to overturn it,” a five-judge panel ruled.

12 comments:

Anonymous said...

Damn that gremlin stay winning.

Anonymous said...

Judges can be bought.

Anonymous said...

99 problems huh…..

Anonymous said...

Good for him. Y’all do know that’s tax free money.

Anonymous said...

Sounds like a new cash value life insurance policy.

Anonymous said...

I don’t drink Cognac

The King Of The Real said...

Never even knew. Who tf wants to smell like Jay Z

Anonymous said...

So, he is getting paid $7 million for a cologne nobody even knew existed? Not for nothing tho, how was his mug going to be the face of smell good? It don’t exactly scream sex appeal.

Anonymous said...

How did he win and not hold up his end of the contract? Then again if they sold the cologne and they owe him coins without his promotion they still own him money.
If I saw that face in a cologne ad I wouldn't buy it either. I never heard of the perfume LOLOL it must have sold at Walmart.

Anonymous said...

That’s right. Break they @$$ off.

Anonymous said...

What’s $7M to a n!qqa like him?

Anonymous said...

Good for him.

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