$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 

According to recent filings, the Curtis James Jackson, III (“50 Cent” or “Debtor”) has 1-49 creditors, $10,000,001 to $50 million in Assets, and estimated liabilities of $10,000,001 to $50 million. Listed among the 20 largest creditors are Sleek Audio, LLC, Lastonia Leviston, Suntrust Bank, 8X10 Boutique LLC, Premium Assignment Corp. and American Express.  The Debtor

This week, Curtis James Jackson, III (“50 Cent” or “Debtor”) sought to employ several professionals to assist him with his chapter 11 bankruptcy.  The Debtor is seeking to employ two firms as his bankruptcy counsel:

  • Neligan Foley LLP (“NFL”) – 50 Cent wishes to employ NFL as his bankruptcy counsel (Docket Entry 34) to develop,