$100 piggy

Since my April 8th blog post, Curtis James Jackson III, better known as rapper 50 Cent (“Jackson”), filed his proposed First Amended Plan and Disclosure Statement.  The deadline for creditors and parties-in-interest to object to Jackson’s Disclosure Statement is April 27th, followed by a May 18th hearing on approval.

Jackson’s Plan proposes to allow 

Since my March 28th post, Curtis James Jackson III, better known as rapper 50 Cent (“Jackson”), filed his sixteen-page, Court ordered explanation (“Disclosure”)  regarding the differences between his original Schedules and Statement of Financial Affairs (“SOFA”) and his subsequent amendments.

Transparent pigIn the Disclosure his attorneys state that “the true benchmark is whether the debtor’s

It’s too early to tell whether Curtis James Jackson III, better known as rapper 50 Cent (“Jackson”), will be able to come to a consensual Chapter 11 plan for repayment with creditors.  However, based on the recent 2 hour status conference and hearings on various motions, the outlook is hopeful.  Jackson’s counsel indicated that they