Jay-Z Sues D’Usse Partner Bacardi Over Transparency Concerns
The business mogul’s company SC Liquor has filed a lawsuit against Bacardi, with whom Jay-Z has a 50/50 partnership in the Cognac brand. According to a new report from TMZ, Jay-Z wants complete financial clarity from Bacardi concerning D’Usse.
Jay-Z and Bacardi have been co-owners of D’Usse since 2011. Hov and Beyoncé launched the new premium cognac during a party at LIV Nightclub in December of that year. While there have been no rumors of an internal rift, the lawsuit suggests something is amiss.
The outlet reports Jay-Z is requesting access to information about D’Usse production and sales. The company wants all books and records for the business, and “the location of all warehouses storing D’Usse barrels, bottles and accessories.” The docs also request all the files pertaining to Bacardi’s physical inventory processes.
While it is unclear why Jay-Z decided to file suit against Bacardi, the filing suggests trust has become an issue between the partners. In the court papers, SC Liquor states it needs to “monitor the conduct of [Bacardi’s] business to protect SC’s rights as” a partner in the company.
Two People Shot At College During Asian Doll Concert
Additionally, multiple people were injured according to Salisbury, North Carolina police.
Asian Doll was performing on stage at the time of the shooting, which occurred after a fight broke out. Neither of the people shot were Livingstone students. Some of those that were injured was a result of the chaos after shot rang out. Earlier rumors stated that three people were shot.
Police are reportedly investigating further. according to WSOC-TV, students were forced to flee from both the fight and the shots. All of this happened approximately at 11 PM, when police campus police responded to the alert.
College officials condemned the act and admitted it was not the first time gunfire has marred campus activities.
“I’m saddened that after a week of homecoming activities without incident, our students, alumni, their families and friends had to witness this senseless act of gun violence,” Livingstone College President Dr. Anthony J. Davis said. “My prayer is that the community will respond to Livingstone College in the same manner it responded when gunfire erupted at a holiday basketball tournament in December.”