Now a judge has ruled that DMX’s ex-wife, Tashera Simmons, can’t claim a 50 percent stake in the rapper’s music catalog and other intellectual property rights...
From Digital Music News
DMX’s estate has secured a major victory in an ongoing lawsuit that challenges the estate’s sole ownership of the late rapper’s copyright, trademark, and other intellectual property rights.
The judge issued a decision and order on Monday (April 7) that rejects the claims by DMX’s ex-wife, Tashera Simmons, that she co-owned his IP rights accrued during their marriage and is entitled to 50% of all revenue generated.
The decision reinforces that the estate, represented by Kurzman Eisenberg Corbin & Lever, LLP and Manatt, Phelps & Phillips, LLP, is the sole owner of all such rights. Tashera Simmons’ rights, therefore, are limited to a portion of record and music publishing royalties generated by musical works that her former husband released during their marriage.
“[The Estate] is the sole owner of all intellectual property rights (including all copyrights and trademark rights) that [DMX] acquired during his marriage to [Simmons], as well as any and all trademarks and intellectual property rights that belonged to [DMX] at the time of his death; except as specifically set forth in five Letters of Direction signed by [DMX],” wrote Judge David F. Everett. “[Simmons] has no income interest and is not otherwise entitled to any monies of any kind generated by or attributed to services rendered by [DMX], and/or to copyrights and trademark rights […] acquired during his marriage to Plaintiff.”
21 comments:
So even in death a BLACK man isn't allowed to leave his legacy to a BLACK woman. Smh.
I know this may get deleted (please don't Snitch, this is relevant) but this video perfectly explains why all these Black celebrities are really just pawns.
https://www.facebook.com/share/r/1BhtoeEj9m/?mibextid=wwXIfr
9:11 he died without a will so he didn't "leave" anything to anybody.
Shows quite blatantly in the write-up, Joo's own it!
@9:30, With or without a will, the man LEFT a legacy through his music that's now owned by YT. My point went completely over your head, but that's to be expected with some of you dummies.
Don't blame yt. People with assets should make sure their paperwork is in order.
1011
Don't bother. These folks in the comments are idiots. Probably doesnt even have life insurance.
Thanks @ 9:20. "Fame is not freedom. It's the prettiest cage ever built." That's deep.
Nobody's blaming anybody. He wasn't smart about his business but that has little to do with the fact that YT controls the music industry and almost makes it impossible for us to thrive. But like I said, it goes over the heads of most if you dummies who can only focus on one aspect of a much bigger issue.
You're welcome @10:38.
He was on drugs and wasn't thinking he was going to die one day. He treated her the same way during the marriage with no respect for her and the 100 kids he he didnt pay back child support. Yts/ j00ws are vultures waiting to pick the remains using the law to steal what ever they can from Black ppl. We need to do better about signing over our assets to family members.
Maybe this brief missive will break it down for Kendall and the other small-minded thinkers. The problem is bigger than us. We didn't create them but we definitely allowed ourselves to become caught up, entrapped and entangled in the mess.
https://www.facebook.com/share/r/1Hcu5wWS7i/?mibextid=wwXIfr
One of the biggest secrets is that most black entertainers die broke. Now why is that?
Do not threaten or attack other commenters.
@9:30 You don't have to have a will if you have a trust set up. A will only takes affect after death. A trust takes affect while your alive and after death. Trusts are preferred by the wealthy because of the benefits that a will doesn't provide.
🍿🍿🍿
Thanks for the link 9:20 AM. It helps to validate why I look down on a lot of these so-called successful black "icons" , etc. They tell on themselves w/how they act & their energy.
I learned the hard way about wills and probate and it benefits the court system.
Interesting. So who benefits from the estate besides the lawyers? Are his 50-11 kids set up more than them?
His now adult offspring probably has been granted X's estate.
DMX's mother might be next of kin b/c Tashera divorced X years before his passing.
He should’ve created a living trust and put his wife or children as beneficiaries, but he was probably too high out his mind to think about death.
If you don’t want to make a will (which you should), the next best things are trust funds, and putting your kids on your banks accounts.
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