RBX ALBUM “HIBERNATION SHIVERS” OUT NOW!!!!
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DMX's Property To Be Auctioned In Settlement
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Topic: DMX's Property To Be Auctioned In Settlement (Read 73 times)
Elano
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DMX's Property To Be Auctioned In Settlement
«
on:
June 29, 2008, 04:01:18 AM »
It's been a rough week for DMX, and things don't look to be getting any better. After being arrested June 23 in Miami due to an outstanding warrant, the former chart-topping rapper may lose his New York property in an auction.
The New York Post reports that a Fifth Avenue townhouse owned by DMX (real name, Earl Simmons) is set to be auctioned off on August 13. Profits from the sheriff's sale of the property will be used to pay off creditors and also satisfy a $281,000 judgment against DMX, which stems from a breach of contract suit in 2004.
The New York based company Amusing Diversions won the judgment against DMX after he failed to promote the Boomer 129 canine clothing line, which the company co-financed. Interestingly enough, Eric Arginsky, head of Amusing Diversions sought DMX out after hearing his public service announcements against animal cruelty.
After the deal was in place, Arginsky found DMX was ordered to do the PSA as part of a 1999 animal cruelty settlement when police found 13 abused pit bulls in his New Jersey home. DMX's alleged failure to promote the Boomer 129 line, and the reluctance of pet stores to carry the product after X's multiple animal cruelty charges led to the eventual lawsuit.
"He had the bark and the growl...but we were definitely sold a bill of goods," Arginsky tells the Post. Trisha Lum, who serves as DMX's manager, did not respond to requests for comments on the matter.
(hhdx)
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DMX's Property To Be Auctioned In Settlement
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