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Jermaine Dupri
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Jermaine Dupri may lose song rights in lawsuit

By Dan Reilly
Rolling Stone

Jermaine Dupri may lose the rights to some of his So So Def label's music thanks to a $1.9 million lawsuit. According to the Atlanta Journal-Constitution, the mogul is being sued by SunTrust bank for defaulting on a $4.9 million loan from 2010.

Bing: Jermaine Dupri songs

The bank says that Dupri backed up the loan with copyrighted music from the label, which boasts releases by Xscape, Da Brat, Jagged Edge, Lil' Bow Wow and more.

Dupri is no stranger to financial woes, having taken out the initial loan in 2009 to pay off taxes and liabilities, which he restructured  the following year. He's also twice faced foreclosure on his $4 million Atlanta mansion, but the sale has yet to take place.

More from Rolling Stone: Jermaine Dupri: Kris Kross' Chris Kelly 'Was a Son I Never Had'

The bank's suit says that Dupri, who has yet to comment, won't incur attorney fees if he pays up within 10 days of the filing.

Related stories from Rolling Stone: 
The 50 Greatest Hip-Hop Songs of All Time 
Questlove's Top 50 Hip-Hop Songs of All Time  
Rolling Stone's List of the 500 Greatest Albums of All Time

8Comments
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Same fool said U aint rolling les U got a Bently. Does he still have it?
Jun 4, 2013 6:20AM
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Some of these celebrities make absolutely no sense what so ever. They get a couple million in their bank account then go out and buy homes and cars that carry monthly notes totaling the annual salary of someone making $15 and hour or more (that's a little over $30,000). Now years later when they're not as popular, not hired as often and not paid as much....their stuff gets foreclosed on. She may only be in her early 20's but Taylor Swift had the right idea. She recently paid $17 million dollars for a mansion and she did it in COLD HARD CASH! As long as she pays her property taxes she'll fine. These other people are morons!
Jun 4, 2013 3:53AM
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Who in their right mind would loan this idiot 4.9 million? SunTrust deserves to loose the money for stupidity.
Jun 3, 2013 6:02PM
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Maybe he should sell the rights to his hit/ MONEY AINT A THANG>>>>
Jun 3, 2013 4:32PM
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should have stayed with janet jackson
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