NASHVILLE, Tennessee (AP) — Rapper Young Buck could lose his name and other assets in a bankruptcy case that the rapper says is frustrating his attempts to sign with a new record label.
Davidson County Bankruptcy Judge George Paine converted the artiste's bankruptcy from Chapter 11 reorganisation to Chapter 7 liquidation this week.
The trustee administering his estate has said she plans to sell the trademarked 'Young Buck' name along with other assets. The platinum artiste, whose real name is David Darnell Brown, told The Tennessean he was close to signing a recording deal with New Orleans-based Cash Money Records
To date, creditors have submitted 22 claims totaling US$11.5 million in Young Buck's bankruptcy case, including US$10 million that the record label G-Unit Records says Young Buck owes them over a contract dispute