*It seems broke record mogul (can he still be a mogul if he’s broke?) Birdman and rapper Tyga are trying work out a settlement to a $10 million lawsuit filed by Tyga who says Birdman’s label, Cash Money, is bilking him out millions.
The Blast notes that it was earlier this year, Tyga sued Cash Money and Young Money Records accusing them of ceasing to pay him royalties for the albums “Careless World” and “Hotel California” after they parted ways in 2016.
He says he asked for his money on several occasions, but was never got jack. He then sued for breach of contract and is seeking $10 million in damages.
On October 1, docs were filed in the case in which Birdman’s Cash Money is asking for an extension to respond to the lawsuit. Birdman acknowledges that his answer was due this week but is requesting until the end of the month.
He explains that Tyga has already agreed to the “extension of time to facilitate ongoing settlement discussions.”
In other legal news from the hip hop world, Michael Lawrence Tyler, otherwise known as Mystical, has had his bail reduction request was denied. He initially asked to get his bail reduced from $3 million to $500,000.
The Louisiana rapper recently stood before Judge Romana Emanuel to ask for the request but was shut down. That means the rapper must await his trial for alleged kidnapping and rape charges, reports KSLA.
Mystical, 48, has pleaded not guilty to the charges arising from an alleged sexual assault in October 2016 at a casino in downtown Shreveport.
Also indicted in the case were Darnell Holman, of Shreveport, on one count each of first-degree rape and second-degree kidnapping, and Tenichia Monieck Wafford, of Harker Heights, Texas on one count of obstruction of justice.
Look for him to be in court again on October 25.