EXCLUSIVE: Damon Dash Film Empire Set Heading For Auction As Two States Chase Millions

EXCLUSIVE: Damon Dash Bankruptcy May Not Spare $4.8 Million Judgment Due To Relentless Lawyer

Damon Dash is about to observe his movie catalog hit the public sale block in New York City on December 30, 2025, as two states scramble to gather hundreds of thousands from his $25 million chapter case.

A federal choose approved the United States Marshals Service to promote copyrights tied to Poppington LLC, Dash’s media firm, together with titles like Honor Up, Too Honorable and Welcome to Blackrock.

The court-approved public sale follows years of litigation and mounting money owed, together with a $4 million defamation judgment awarded to filmmaker Josh Webber and Muddy Water Pictures.

The movies, together with Honor Up, which is executive-produced by Kanye West and options Dash, Cam’ron, and Stacy Dash, are actually a part of a public sale ordered by Magistrate Judge Robert Lehrburger.



The minimal bid is $300,000, however the ultimate value might improve relying on curiosity.

Damon Dash filed for Chapter 7 chapter in September, itemizing $25,073,520.58 in liabilities and simply $4,350 in property, based on courtroom data reviewed by AllHipHop_._

His money owed embrace $19 million in unpaid taxes, practically $400,000 in again little one and spousal help, and a number of civil judgments courting again greater than a decade.

The chapter submitting was meant to pause assortment efforts, however the courtroom dominated that property already seized by the Marshals weren’t protected against sale, permitting the public sale to proceed.

Now, each New York and New Jersey have stepped in to assert what they will. The New Jersey Division of Taxation filed a secured declare for $3,996,830.62, backed by a statutory lien on all of Dash’s property and incomes 10.75 p.c curiosity.



Meanwhile, the New York State Department of Taxation and Finance filed a competing declare for $8,668,450.51 in unpaid earnings taxes. Both businesses submitted their claims earlier than the public sale, positioning themselves to gather first from any proceeds.

Creditors like Webber even have the choice to “credit bid” their judgments, that means they will declare the movie rights in change for the debt Damon Dash already owes them, probably leaving little for different collectors.

This isn’t Dash’s first court-ordered liquidation. In November 2024, he misplaced his one-third stake in Roc-A-Fella Records after failing to pay an $823,000 civil judgment to Webber over the movie Dear Frank.

That public sale, held in Manhattan, drew a $1 million profitable bid from an nameless consultant of the State of New York, which used the acquisition to assist recuperate a part of the $8.7 million in again taxes Dash owed.



Source link

Categories News

Tags Auction Chase Damon Dash Empire Exclusive Film Heading Millions Set States


0 Votes

You must log in to post a comment

0 Comments