Lara Lavi suing New Solutions Capital Group and WIDEawake Entertainment

[yourdead]

(CN) - The new CEO of embattled hip-hop record label Deathrow Entertainment claims her financier diverted company assets. Lara Lavi, primary shareholder, sole managing member and CEO of Wideawake-Deathrow Entertainment, sued New Solutions Financial Corp. and affiliates in New York County Court.
    Lavi says she bought Deathrow Records in January for $18 million in a Los Angeles bankruptcy court auction, and formed Wideawake-Deathrow Entertainment.
     Lavi accuses New Solutions CEO Ronald Ovenden of "self-dealing actions" that forced Deathrow to "adopt unauthorized liabilities."
     Lavi has told reporters that Ovenden inspired the takeover by asking her to find an entertainment company that was ripe for investment.
     In her complaint in Manhattan, Lavi seeks a court order keeping Ovenden and New Solutions Capital Group from making agreements on behalf of Deathrow and from executing the company's shareholder business.
     Founded in 1991, Deathrow housed some of the highest-profile hip-hop acts of the '90s, including Tupac Shakur, Dr. Dre and Snoop Dog. It landed in bankruptcy after a Los Angeles court ordered former CEO Suge Knight to pay Deathrow co-founder Lydia Harris $107 million to settle her claim that Knight had forced her from the label.
     According to industry lore, Knight also refused to pay royalties to Deathrow artists, dangled Vanilla Ice from a 15-story balcony for refusing to sign with Deathrow, and helped spark the feud that culminated in the tit-for-tat deaths of West Coast rapper Shakur and East Coast rival Biggie Smalls.
     Lavi also sued her former company, Ontario-based WIDEawake Entertainment Group, New Solutions Financial Corporation and New Solutions Managing Director Robert Thompson. Ovenden is chairman of both WIDEawake Entertainment and New Solutions, according to the complaint.
     Lavi is represented by Anthony Hilton and Joseph Mainiero.

http://www.courthousenews.com/2009/11/19/Deathrow_Records_Struggles_for_Life.htm

[JohnnyL]

(CN) - The new CEO of embattled hip-hop record label Deathrow Entertainment claims her financier diverted company assets. Lara Lavi, primary shareholder, sole managing member and CEO of Wideawake-Deathrow Entertainment, sued New Solutions Financial Corp. and affiliates in New York County Court.
    Lavi says she bought Deathrow Records in January for $18 million in a Los Angeles bankruptcy court auction, and formed Wideawake-Deathrow Entertainment.
     Lavi accuses New Solutions CEO Ronald Ovenden of "self-dealing actions" that forced Deathrow to "adopt unauthorized liabilities."
     Lavi has told reporters that Ovenden inspired the takeover by asking her to find an entertainment company that was ripe for investment.
     In her complaint in Manhattan, Lavi seeks a court order keeping Ovenden and New Solutions Capital Group from making agreements on behalf of Deathrow and from executing the company's shareholder business.
     Founded in 1991, Deathrow housed some of the highest-profile hip-hop acts of the '90s, including Tupac Shakur, Dr. Dre and Snoop Dog. It landed in bankruptcy after a Los Angeles court ordered former CEO Suge Knight to pay Deathrow co-founder Lydia Harris $107 million to settle her claim that Knight had forced her from the label.
     According to industry lore, Knight also refused to pay royalties to Deathrow artists, dangled Vanilla Ice from a 15-story balcony for refusing to sign with Deathrow, and helped spark the feud that culminated in the tit-for-tat deaths of West Coast rapper Shakur and East Coast rival Biggie Smalls.
     Lavi also sued her former company, Ontario-based WIDEawake Entertainment Group, New Solutions Financial Corporation and New Solutions Managing Director Robert Thompson. Ovenden is chairman of both WIDEawake Entertainment and New Solutions, according to the complaint.
     Lavi is represented by Anthony Hilton and Joseph Mainiero.

http://www.courthousenews.com/2009/11/19/Deathrow_Records_Struggles_for_Life.htm

Wow.  It seems like the whole Wideawake/Death Row drama just gets stranger and stranger.

[Dre-Day]

no kidding

[EFFeX]

(CN) - The new CEO of embattled hip-hop record label Deathrow Entertainment claims her financier diverted company assets. Lara Lavi, primary shareholder, sole managing member and CEO of Wideawake-Deathrow Entertainment, sued New Solutions Financial Corp. and affiliates in New York County Court.
    Lavi says she bought Deathrow Records in January for $18 million in a Los Angeles bankruptcy court auction, and formed Wideawake-Deathrow Entertainment.
     Lavi accuses New Solutions CEO Ronald Ovenden of "self-dealing actions" that forced Deathrow to "adopt unauthorized liabilities."
     Lavi has told reporters that Ovenden inspired the takeover by asking her to find an entertainment company that was ripe for investment.
     In her complaint in Manhattan, Lavi seeks a court order keeping Ovenden and New Solutions Capital Group from making agreements on behalf of Deathrow and from executing the company's shareholder business.
     Founded in 1991, Deathrow housed some of the highest-profile hip-hop acts of the '90s, including Tupac Shakur, Dr. Dre and Snoop Dog. It landed in bankruptcy after a Los Angeles court ordered former CEO Suge Knight to pay Deathrow co-founder Lydia Harris $107 million to settle her claim that Knight had forced her from the label.
     According to industry lore, Knight also refused to pay royalties to Deathrow artists, dangled Vanilla Ice from a 15-story balcony for refusing to sign with Deathrow, and helped spark the feud that culminated in the tit-for-tat deaths of West Coast rapper Shakur and East Coast rival Biggie Smalls.
     Lavi also sued her former company, Ontario-based WIDEawake Entertainment Group, New Solutions Financial Corporation and New Solutions Managing Director Robert Thompson. Ovenden is chairman of both WIDEawake Entertainment and New Solutions, according to the complaint.
     Lavi is represented by Anthony Hilton and Joseph Mainiero.

http://www.courthousenews.com/2009/11/19/Deathrow_Records_Struggles_for_Life.htm

Wow.  It seems like the whole Wideawake/Death Row drama just gets stranger and stranger.

Death Row is cursed...

It's like a plague that consumes everyone that gets involved. Lavi had no idea what she was getting herself into when she purchased the company.

[DTG Entertainment]

(CN) - The new CEO of embattled hip-hop record label Deathrow Entertainment claims her financier diverted company assets. Lara Lavi, primary shareholder, sole managing member and CEO of Wideawake-Deathrow Entertainment, sued New Solutions Financial Corp. and affiliates in New York County Court.
    Lavi says she bought Deathrow Records in January for $18 million in a Los Angeles bankruptcy court auction, and formed Wideawake-Deathrow Entertainment.
     Lavi accuses New Solutions CEO Ronald Ovenden of "self-dealing actions" that forced Deathrow to "adopt unauthorized liabilities."
     Lavi has told reporters that Ovenden inspired the takeover by asking her to find an entertainment company that was ripe for investment.
     In her complaint in Manhattan, Lavi seeks a court order keeping Ovenden and New Solutions Capital Group from making agreements on behalf of Deathrow and from executing the company's shareholder business.
     Founded in 1991, Deathrow housed some of the highest-profile hip-hop acts of the '90s, including Tupac Shakur, Dr. Dre and Snoop Dog. It landed in bankruptcy after a Los Angeles court ordered former CEO Suge Knight to pay Deathrow co-founder Lydia Harris $107 million to settle her claim that Knight had forced her from the label.
     According to industry lore, Knight also refused to pay royalties to Deathrow artists, dangled Vanilla Ice from a 15-story balcony for refusing to sign with Deathrow, and helped spark the feud that culminated in the tit-for-tat deaths of West Coast rapper Shakur and East Coast rival Biggie Smalls.
     Lavi also sued her former company, Ontario-based WIDEawake Entertainment Group, New Solutions Financial Corporation and New Solutions Managing Director Robert Thompson. Ovenden is chairman of both WIDEawake Entertainment and New Solutions, according to the complaint.
     Lavi is represented by Anthony Hilton and Joseph Mainiero.

http://www.courthousenews.com/2009/11/19/Deathrow_Records_Struggles_for_Life.htm

Wow.  It seems like the whole Wideawake/Death Row drama just gets stranger and stranger.

Death Row is cursed...

It's like a plague that consumes everyone that gets involved. Lavi had no idea what she was getting herself into when she purchased the company.

I love Lara's attitude. She won't win the case.

[Avalanche]

says she sued her former company "wideawake," that mean shes been fireD?

[DTG Entertainment]

says she sued her former company "wideawake," that mean shes been fireD?

Yeah, I told you guys man. She wasn't heading it up to begin with.

[TRG]

lol shambles

[DTG Entertainment]

lol shambles

I spoke with a person, will remain nameless, from Death Row Records back in it's hay day. We discussed Death Row as it is and as it was, and he told me "Man, don't fuck with Death Row - it's cursed - I try to distance myself from it - it's not worth your time." I didn't believe him at first, but yeah - this company is fucked. Lol.

[sofdark]

i guess we won't see the crooked i track with doctor production.

[DTG Entertainment]

i guess we won't see the crooked i track with doctor production.

We will, but that Danny Boy album maybe stalled.

[StevenQBosell]

absolutely crazy

[Taclivin]

Man such a shame for such a great musical goldmine to be just so cursed.
welcome to deathrow.
where it all ends

[BiggBoogaBiff]

Man such a shame for such a great musical goldmine to be just so cursed.
welcome to deathrow.
where it all ends

it's not really a goldmine anymore.  it's like a 1000 day old lottery ticket

[MarshColin]

i guess we won't see the crooked i track with doctor production.

I can't wait to see people's reactions on this board when this track drops.