Jay-Z and Dame Dash in Negotiations to Settle 'Reasonable Doubt' NFT Lawsuit
Dash and Jay-Z are in negotiations surrounding Dash's intention to sell his share of Reasonable Doubt's copyright to Jay-Z.
Last June, Jay-Z's Roc-A-Fella sued Dash for attempting to auction the rights with a NFT. According to court documents reviewed by Complex, Jay's lawyer Alex Spiro said the parties are “in the process of meeting and conferring to determine whether they can reach a settlement agreement that would resolve this case.” The filing comes after U.S. District Court Judge John Cronan temporarily blocked the sale last June.
Spiro said that if a settlement cannot be reached, Hov will file a separate motion to permanently ban Dash from selling any portion of the album. Dame admitted in litigation that he did not have the right to sell any part of Reasonable Doubt, according to Spiro.
During a recent interview with Shannon Sharpe's Club Shay Shay, Dash discussed the ongoing dispute. “He sued me for something he said that I did that I didn’t, and then I just had to sue him because he was redirecting funds for Reasonable Doubt,” Dame said. “I didn’t realize it. I would never sue somebody I used to hustle with—I’m not into suing anybody. I was disappointed. I think it’s embarrassing.”
Roc-A-Fella wrote in their June filing that the rights to ReasonableDoubt belong to the record label, not its partners, and wrote that Dash's third ownership of the company did not give him the authority to sell the label's "most prized asset" as an NFT, or even at all. Dame previously claimed he was trying to sell his stake in Roc-A-Fella, and not the album rights.
“The sale of this irreplaceable asset must be stopped before it is too late, and Dash must be held accountable for his theft,” the June lawsuit read. “The bottom line is simple: Dash can’t sell what he doesn’t own.”
A letter requested that settlement talks be extended until April 1 .