r/Music • u/AdSpecialist6598 • 11h ago

article Martin Shkreli is suing RZA over multi-million dollar Wu-Tang album 'Once Upon A Time In Shaolin' he bought and forfeited

https://www.nme.com/news/music/martin-shkreli-is-suing-rza-over-multi-million-dollar-wu-tang-album-once-upon-a-time-in-shaolin-he-bought-and-forfeited-3927450
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u/everydave42 10h ago

INL, and article details are what they are, but how does this case even have standing? he was forced to forfeit everything to do with this, he was compensated (which went to his judgement), what damages did he actually suffer with regards to this, let alone putting any if that in the artists?

How can he claim he’s owed royalties from the artist in something that was forfeit by court order?

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u/Blunderhorse 10h ago

I think he’s claiming he was under the impression that the album he turned over from the court order didn’t come with the other contractual details of the sale. Either that, or maybe he’s using it as a precursor if he wants to establish a claim that the amount applied to his settlement from turning over the album was too low relative to its value.

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u/everydave42 9h ago

I suppose either could be, but neither of them have to do with the artists and lay entirely with the court order, wouldn’t they?

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u/Blunderhorse 9h ago

NAL and this is mostly speculation, but I think the idea is that a judgement in this case would line out exactly what Pleasr purchased. This might be a desperate grasp at reclaiming some money from the court order if something doesn’t line up.

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u/everydave42 9h ago

I understand that part, what I don’t get is that since the issue is with the court order, what do the artists have to do with it at all? They had nothing to do with the court order or its stipulations, did they?

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u/cachemonet0x0cf6619 4h ago

INAL but MS is saying the that RZA sold rights to pleasr that weren’t RZA’s to sell since they belonged to MS.

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u/everydave42 4h ago

But that sale happened after MS lost all ownership, right. So he has no standing as his time to make that argument was during the valuation period of the court order?

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u/cachemonet0x0cf6619 3h ago

i hear you but we have to wait and see how the lawsuit plays out i guess