Hip-hop entrepreneur Suge Knight's music label, Death Row Records, must begin selling its assets to pay off more than $100 million in debt, according to a court order Friday. A bankruptcy judge, Ellen Carroll, ordered trustees to take over the fledgling label, which has suffered from "gross mismanagement" in the label's accounting department, Carroll said. "It seems apparent there is no one at the helm," she said. Knight did not appear at Friday's hearing. His lawyers claimed Knight was involved in a July 1 motorcycle accident and was also grieving the death of a family member. This however, did not prevent him from bumping into my boy Enso on the sidewalk in Hollywood the other day. Enso is from Vancouver. Vancouver is a city in Canada. Canada is our neighbor to the north.
December 5, 2006
SUGE KNIGHT UPDATE
Hip-hop entrepreneur Suge Knight's music label, Death Row Records, must begin selling its assets to pay off more than $100 million in debt, according to a court order Friday. A bankruptcy judge, Ellen Carroll, ordered trustees to take over the fledgling label, which has suffered from "gross mismanagement" in the label's accounting department, Carroll said. "It seems apparent there is no one at the helm," she said. Knight did not appear at Friday's hearing. His lawyers claimed Knight was involved in a July 1 motorcycle accident and was also grieving the death of a family member. This however, did not prevent him from bumping into my boy Enso on the sidewalk in Hollywood the other day. Enso is from Vancouver. Vancouver is a city in Canada. Canada is our neighbor to the north.
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