Jay-Z We've Got a Cognac Cri$i$!!! Sues Bacardi successful D'Usse Deal
10/17/2022 6:54 PM PT
Jay-Z wants to cognize conscionable however overmuch wealth his celebrated cognac enactment is making, and he's filed a suit against his partners astatine Bacardi to get that information.
In docs obtained by TMZ Hip Hop, Jay-Z's company, SC Liquor, is demanding full fiscal clarity from Bacardi erstwhile it comes to D'Usse ... the apical support cognac marque successful which Jay and Bacardi are 50/50 partners.
Jay and the booze elephantine person co-owned D'Usse since 2011 ... helium regularly shouts retired the marque successful his songs, and adjacent drank it from 1 of his Grammys erstwhile to beforehand it. However, the suit makes it wide thing astir the concern -- officially named D'Usse LLC -- isn't sitting well.
In the docs, Jay-Z's co. says it needs each books and records, the determination of each warehouses storing D'Usse barrels, bottles and accessories ... arsenic good arsenic each info regarding Bacardi's carnal inventory and its inventory process.
It's unclear what's prompting Jay to request this info, but it is wide there's a level of distrust betwixt the partners. One condemnation from the docs seems beauteous telling: SC Liquor says it needs to "monitor the behaviour of [Bacardi's] concern to support SC's rights as" a spouse successful the company.
We've reached retired to Jay-Z and Bacardi for remark ... truthful far, nary connection back.