Damon Dash Starts Auction for His Share of Jay-Z’s ‘Reasonable Doubt,’ Despite Legal Threats

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Damon Dash Starts Auction for His Share of Jay-Z’s ‘Reasonable Doubt,’ Despite Legal Threats
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Despite being sued by Jay-Z and despite a court order placing limits on what he’s allowed to sell, Damon Dash did what he said he was going to do during an interview with Variety: He’s …

In the oft-confusing legal disputes leading up to this latest development, a judge previously declared that Dash had the right to sell his one-third share in Roc-A-Fella Inc., but no right to sell a part of the “Reasonable Doubt” album. However, the language on the auction site refers to the company and the album interchangeably, reflecting Dash’s belief that Rock-A-Fella Inc. has but one asset.

In a promotional video that preceded the auction’s start, Dash said that “’Reasonable Doubt’ set the trajectory for the future of Roc-A-Fella, represented everything we were doing at the moment. It was the voice of us. It’s still one of my favorite albums of all time.” Dash never mentions Jay-Z by name in the video.

In June, the opinion of Manhattan judge John Cronan was that “Dash can’t sell what he doesn’t own. By attempting such a sale, Dash has converted a corporate asset and has breached his fiduciary duties.” Yet the Roc-A-Fella Inc. CEO contends his NFT of “Reasonable Doubt,” which he says is the sole asset of Roc-A-Fella Inc.

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