OK, so when s the last time a hit or anything came out of Death Row? I don’t know how much of a business man Suge Knight was, but I think that maybe he cursed Death Row or the name itself cursed it. Business’ are looking for a bail out and why shouldn’t Death Row have their hand out as well right?
According to a blog from the Wall Street Journal, lender New Solutions Capital Group is pleading for anyone to come bail them out. They’re the lender who financed the purchase transaction of $18 million acquisition of Death Row out of bankruptcy back in January 2009.
The lender tells WSJ that they haven’t seen a dime from the loan and when adding the value of the debt its somewhere between $23 million and $25 million.
The news comes less than a month after Dr. Dre filed a lawsuit against the new owners of Death Row Records, claiming they still owe him back royalties from his 1996 debut, The Chronic. He also claimed they released a new version of the album without his permission.