Suit/Countersuit: Lil Kim Sued For $15 Million By Former Business Partner After She Sues For $1 Million
One of Lil Kim’s former business partners, Andrew Ro, is suing her for $15 million for “abuse of control, gross mismanagement, corporate waste and other misconduct” involving their company International Rock Star Corp. More specifically, the lawsuit alleges that the rapper stopped taking calls or showing up when there were lucrative business deals on the table. “Ro also alleges that Kim transfered company assets to herself or other parties without regard for IRS’ best interests,” says the Today show website. (IRS stands for International Rock Star Corp. We all know that no one is going to mess with the Internal Revenue Service.)
More detail from TMZ: “Andrew Ro says his company, International Rock Star Corp, inked a licensing deal with Kim back in August 2012 and planned to roll out a slew of products, including a perfume line, clothing line, vodka drink, energy drink, Steve Madden shoe line and even a honey maker.” But Lil Kim stopped participating with the company.
Last month, Lil Kim sued her lawyer, Sunny Barkats, and Ro for $1 million for what she says were endorsement deals she wasn’t paid for. She says she was “tricked” into signing a deal that would hand over 44 percent of the endorsement money to Barkats and Ro, according to E! Online. There are also allegations of negligence and work done at Kim’s expense thrown in. Basically, everyone needs to better vet their business partners before going in knee deep with them. Moreover, some of these issues sound like a failure to communicate.
Let’s see who gets what in this case.