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Fallen rap mogul MARION 'SUGE' KNIGHT is facing a $6.8 million (£4.9 million) handling charge from the lawyers behind the recent sale of his former label Death Row Records.
The assets of Snoop Dogg and Tupac Shakur's former home went under the hammer earlier this month (15Jan09) and was sold to Canadian company Wide Awake Holdings for just $18 million (£13 million).
Death Row co-founder Knight lost the rights to the label's assets after declaring bankruptcy in 2006 - but lawyers from Kaye Scholer, who organised the auction, claim his "gangster-style" business operations left them scrambling around to get hold of all the assets.
Explaining the hefty fee, a statement from the law firm reads, "The representation of the Trustee in this case has been particularly complex due to the individuals involved in the company's operations and intentionally illicit 'gangster-style' business operations of the debtor (Knight)."
The bankruptcy case fee application goes on to detail a number of assets Knight attempted to hide, including "a Malibu (California) home, that Knight transferred to friends in an effort to shield those assets from creditors, a secret storage locker in Michigan that contained a 'treasure trove' of unreleased songs by famous Death Row artists (and) other secret tracks - and records of hidden bank accounts - stashed in a southern California warehouse."
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The assets of Snoop Dogg and Tupac Shakur's former home went under the hammer earlier this month (15Jan09) and was sold to Canadian company Wide Awake Holdings for just $18 million (£13 million).
Death Row co-founder Knight lost the rights to the label's assets after declaring bankruptcy in 2006 - but lawyers from Kaye Scholer, who organised the auction, claim his "gangster-style" business operations left them scrambling around to get hold of all the assets.
Explaining the hefty fee, a statement from the law firm reads, "The representation of the Trustee in this case has been particularly complex due to the individuals involved in the company's operations and intentionally illicit 'gangster-style' business operations of the debtor (Knight)."
The bankruptcy case fee application goes on to detail a number of assets Knight attempted to hide, including "a Malibu (California) home, that Knight transferred to friends in an effort to shield those assets from creditors, a secret storage locker in Michigan that contained a 'treasure trove' of unreleased songs by famous Death Row artists (and) other secret tracks - and records of hidden bank accounts - stashed in a southern California warehouse."
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