Megan Thee Stallion, whose real name is Megan Pete, has been embroiled in a legal dispute with her record label, 1501 Certified Entertainment. The ongoing feud has seen both parties making claims and counterclaims, with Megan recently seeking a judge’s intervention to appoint a third party to manage the label’s finances.
According to reports, Carl Crawford, the owner of 1501 Certified Entertainment, has responded by asking the judge to sanction Megan in the case, alleging that she sought the appointment of a third party to manage the label’s money in “bad faith and solely for harassment.” This latest development adds another layer of complexity to an already contentious legal battle.
Earlier this year, Megan Thee Stallion expressed concerns about 1501’s financial stability and requested the appointment of an official to handle the label’s finances. She cited her worry that the label might not be able to pay any potential judgment she might win in her lawsuit against them. In her claim, Megan stated that 1501 had less than $10,000 in its primary bank account.
Carl Crawford, however, vehemently denied these claims, calling them “groundless and frivolous.” He insisted that 1501 had “sufficient assets” to fulfill any financial obligations towards Megan Thee Stallion. Crawford’s lawyers further accused Megan and her legal team of misrepresenting the label’s financial state to gain an unfair advantage in the case.
The legal battle between Megan Thee Stallion and 1501 Certified Entertainment began in 2020 when she sued the label and Crawford to be released from her contract. In addition to seeking her release from the label, Megan also demanded unpaid royalties, further escalating the dispute.
As the case continues to unfold, it remains to be seen how the judge will rule on Megan’s request for a third party to manage the label’s finances. The outcome of this legal battle could have significant implications for both Megan Thee Stallion and 1501 Certified Entertainment.
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