According to a New York Daily News exclusive, Damon Dash has been ordered to testify under oath in the Roc-A-Fella Records logo lawsuit.
It all involves a $7 million suit over royalties stemming from the Roc-A-Fella Records logo. The person suing is Dwayne Walker who says he designed the logo. And now a Manhattan federal judge has ordered that Dash be deposed in the case. Walker’s lawyer also wants Jay Z to be forced to testify.
Dash and Jay Z are two of the founders of Roc-A-Fella. In Walker’s suit he claims he made a deal in 1994 with Dash and Jay Z that gave him $3,500 and two percent of company revenue for 10 years for the design. But now he says he received only the $3,500.
According to Judge Ronald Ellis, Dash seems to have the most knowledge on who designed the label’s logo. And Dash, reports the News, is estimated to be worth about $2 million, despite Dash claiming he’s broke.
“The main actor is always the person who should be deposed first,” Ellis said of Dash. “He appears to have had the most boots-on-the-ground involvement in this.”
Ellis withheld judgment about calling Jay Z until after Dash’s testimony. “I remain at odds as to what exactly the nature of (Jay Z’s) deposition would be,” Ellis said. “All this might be in a better light after Mr. Dash’s deposition.”
“Mr. Carter is claiming he doesn’t know where the Roc-A-Fella Records logo came from — it really strains credulity,” said Walker’s attorney Greg Berry.
But Jay Z’s attorney Eleanor Lackman countered that the rap mogul doesn’t remember Walker, and Jay Z would never have entered into an agreement including royalties.
So this is an issue that will need to be sorted out through testimony because clearly there’s just a lot of back and forth and “I don’t knows” going on here. Will be interesting to hear what Dash has to say.