Mar. 18 2024, Revealed 9:00 a.m. ET
A live performance promoter requested a court docket to award him a 7-figure sum from Nicki Minaj’s firm after she failed to seem for a live performance — after which allegedly refused to return the deposit.
In accordance with court docket paperwork obtained by RadarOnline.com, a British Virgin Islands-based firm named BS Associates Firm Restricted [BSA] was awarded $1.4 million in an arbitration case in opposition to Minaj’s firm Pink Persona.
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In 2022, BSA filed a declare in opposition to Pink Persona over a 2018 deal she signed to carry out in China. The promoter stated it agreed to pay $1 million to Minaj’s firm.
Per the go well with, BSA despatched the cash to Minaj’s brokers at CAA and the funds have been to be held in an escrow account. Two weeks earlier than the scheduled present, the rapper allegedly requested BSA to launch $250k from the escrow account. BSA stated they agreed.
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Nevertheless, BSA claimed Minaj didn’t present as much as the scheduled present on September 18, 2018. The promoter stated it tried to reschedule a brand new date with Minaj and her brokers.
BSA stated Minaj claimed to open to a rescheduled date if BSA would “launch extra funds from Escrow as a present of fine religion.”
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The promoter stated it launched one other $250k to Minaj. Nevertheless, they stated the live performance by no means ended up being rescheduled. BSA took Pink Persona to arbitration. After a listening to, BSA was awarded $1.4 million plus curiosity and different charges.
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In November 2023, BSA filed a petition in Los Angeles Superior Courtroom to verify the award. In a newly filed doc, the corporate stated Pink Persona has failed to answer the petition.
“Though BSA granted PPI an extension of time till January 8, 2024, PPI did not file any response to the Petition, has not appeared on this motion, is now in default and is deemed to have admitted all allegations of BSA’s Petition, the movement learn.
BSA did word that Minaj’s brokers just lately returned the remaining $500k within the escrow account. Consequently, the promoter solely needs the court docket to verify a $974k award, not the total $1.4 million award.
A choose has but to rule. As RadarOnline.com beforehand reported, Minaj and her husband Kenneth Petty are going through a separate lawsuit over an alleged assault by Petty in opposition to a safety guard.