Rap Mogul Marion Suge Knight seeking bankruptcy protection
LOS ANGELES (AP) -- Rap-music mogul Marion "Suge" Knight staved off receivership for Death Row Records by seeking bankruptcy protection for himself and the record company Tuesday. Knight also avoided a criminal contempt citation.
In each bankruptcy filing reported to a judge during a Los Angeles Superior Court Hearing, Knight claimed debts of more than $100 million. At issue is an unpaid judgment against Knight for $107 million that was awarded to Lydia Harris, a former Knight associate who claimed she helped start the rap record empire with her former husband, Michael Harris.
Lydia Harris' attorney, Rex Beaber, sought the contempt citation on grounds that Knight had failed to appear at court-ordered debtor hearings, but Judge Ronald Sohigian said there were no grounds for such a finding because Knight had never been served with notice to appear.
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