50 Cent Stakes Claim in Young Buck Recordings

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 04-24-2012, 03:45 PM         #1
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Tybigbigguy 
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50 Cent Stakes Claim in Young Buck Recordings
 

 

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Rapper 50 Cent is laying claim to former protégé Young Buck’s compositions and recordings, threatening plans to sell those a.ssets in the latter’s bankruptcy.

Attorneys representing 50 Cent and his G-Unit Records say a recent motion to sell Young Buck’s intellectual property in a bid to pay his creditors, which we previously covered, doesn’t disclose the specific a.ssets up for grabs.

That’s a problem for 50 Cent, who signed Young Buck to his label in 2004, who says their still-standing recording agreement covers just about all of the IP. As a result, the rapper behind such hits as “In Da Club” and “Candy Shop” is asking a bankruptcy judge to block the sale until they can work out just what Young Buck is—and isn’t—allowed to sell.

“The creditors are left with no choice but to file this opposition to ensure that the trustee is not seeking to adversely affect the creditors’ rights in a.ssets that they own, or in which they have rights and interests,” 50 Cent’s attorneys wrote in court papers filed last week.

Young Buck, whose real name is David Darnell Brown, remains tied to G-Unit Records but hasn’t recorded for the label for a few years because of a feud with Curtis Jackson (50 Cent’s real name). Buck recently told BET he was open to a G-Unit reunion, but a bankruptcy-court dispute with the label could prevent that.

According to 50 Cent, his label owns 100% of all rights of recordings Young Buck did for G-Unit and has the exclusive right “to distribute, reproduce, and authorize adaptations and all performances in whatever form.” Attorneys say that includes Young Buck’s 2010 studio album, “The Rehab,” and any recordings released since, even the songs released independently of G-Unit.

But that’s not all, 50 says. Young Buck also granted G-Unit rights to use of his professional name, trademarks, portraits, logos and likeness, including “a perpetual and exclusive publicity right” to use his past or current recordings o promote records. G-Unit also says it alone can create and host Young Buck’s official website. And an exclusive song-publishing agreement with Universal Music (which filed its own objection) and 50 Cent grants them the exclusive right to administer and publish Young Buck’s songs.

“Thus, all compositions created by the debtor have already been irrevocably conveyed to Jackson (and Universal), and G-Unit retains irrevocable rights of ‘every kind and nature,’ including to rights to royalties, copyrights, to renew/extend copyrights and to causes of action,” attorneys wrote.

But they did throw Young Buck, as well as the bankruptcy trustee overseeing his case, a bone.

“To the extent that the debtor has a share in some of the royalties under the publishing agreement, presumably those a.ssets could be sold,” attorneys said.

Court papers show the matter will be put before a bankruptcy judge next month at a hearing in Nashville, Tenn.


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 50 Cent Stakes Claim in Young Buck Recordings - Bankruptcy Beat - WSJ

150 comments for "50 Cent Stakes Claim in Young Buck Recordings"

 6 years ago '09        #2
LOONATIK 1 heat pts
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 6 years ago '04        #3
Lavares 19 heat pts19
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 6 years ago '11        #4
keejee 131 heat pts131
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50 basically controls that n*gga's life. damn
 6 years ago '11        #5
keejee 131 heat pts131
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Buck can't eat properly now. He might just go for the k!ll
 6 years ago '04        #6
gimmethat 1 heat pts
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doesnt matter what buck did ...thats straight up modern slavery
 04-24-2012, 04:14 PM         #7
HoLLiwood Heyti  OP
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 04-24-2012, 04:21 PM         #8
Phillipmcd  OP
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 keejee said:
50 basically controls that n*gga's life. damn
True and that's crazy. Smart move on Fifty's part, well not really because Buck isn't making him any serious money. Diddy is the king at that
 6 years ago '04        #9
W24x55 61 heat pts61
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50 is making sure Buck stays just as broke as he was BEFORE G-Unit
 6 years ago '10        #10
RedLight 7 heat pts
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 gimmethat said:
doesnt matter what buck did ...thats straight up modern slavery
Welcome to the music industry.

If you think what 50 is doing is bad, you have no idea how the majors work.

You gotta think about it this way. 50 gave Buck an opportunity and i'm pretty sure everything from the logo to his image was created under G-Unit and 50's guidance so it would make sense for him to own what he created under his brand.
 04-24-2012, 04:30 PM         #11
Michael_Moore  OP
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when 50 has a grudge he's like a dog with a bone...he doesn't even know when sh*t is overkill....I think that man's learned his lesson fif...let him go...
 6 years ago '06        #12
jaycee 39 heat pts39
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 HoLLiwood Heyti said:

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 04-24-2012, 04:40 PM         #13
Phillipmcd  OP
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 Michael_Moore said:
when 50 has a grudge he's like a dog with a bone...he doesn't even know when sh*t is overkill....I think that man's learned his lesson fif...let him go...
Law 15: Crush Your Enemy Totally
The enemy will recover, and will seek revenge. Crush him, not only in body but in spirit
 6 years ago '04        #14
youngmic 420 heat pts420
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 Michael_Moore said:
when 50 has a grudge he's like a dog with a bone...he doesn't even know when sh*t is overkill....I think that man's learned his lesson fif...let him go...
exactly man...lol at dudes in here quoting him n sh*t...lol wtf....but anyways, yeah man he just needs to let dude live...same 50 sayin he wouldnt stop no 1 from feeding their kids...smh
 04-24-2012, 04:49 PM         #15
Tybigbigguy  OP
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 tupacnasfan said:
Because 5-0 fu*ked this man's career, he is dirty just like P. sh*tty, Karma will hurt him one day just like everything he touches turns to sh*t.

5-0 just used him just like game, bang em smurf and throw him away, just like fat hoe and the rest of the snakes out there today.

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 04-24-2012, 04:54 PM         #16
Graftedgenes  OP
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 tupacnasfan said:
Because 5-0 fu*ked this man's career, he is dirty just like P. sh*tty, Karma will hurt him one day just like everything he touches turns to sh*t.

5-0 just used him just like game, bang em smurf and throw him away, just like fat hoe and the rest of the snakes out there today.
P. Diddy gave the Lox their publishing and he's helped Shyne since he's been out of prison, some of his past and present artists like Mase, Cassie, Gorilla Zoe,Total, Dawn Richard, The Lox & Carl Thomas are doing good while others like G-Dep, Biggie, & Loon are doing bad.

Diddy can be cutthroat but he would never do some slimy sh*t like this.
 6 years ago '05        #17
rashcobar 14 heat pts14
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Young Buck also granted G-Unit rights to use of his professional name, trademarks, portraits, logos and likeness, including “a perpetual and exclusive publicity right” to use his past or current recordings o promote records. G-Unit also says it alone can create and host Young Buck’s official website.
Man didn't even so much as glance at that contract befo he signed it
 04-24-2012, 05:04 PM         #18
Graftedgenes  OP
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 tupacnasfan said:
and let's not forget fat hoe, he's just as bad, at least fat hoe got his karma for ruining the REAL terror squad, why can 5-0 get his.
Yeah, Joe really bungled his CEO duties and at the end of the day he lost all his artists and got ran out of NY...I dont agree with how he treated Liza or Remy and the situation with Cuban was uncalled for.

Joe could have had a Latino division on Def Jam but......
 04-24-2012, 05:19 PM         #19
Tybigbigguy  OP
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U know he's doing this because buck is owing him money right.
 6 years ago '07        #20
cankstoochie 48 heat pts48
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50 will make your life a living hell.

Man it's gotta be soul crushing for young Buck to even read this.
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