Law firm sues Suge Knight

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mrtonguetwista

$$ Deep Pockets $$
Feb 6, 2003
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LOS ANGELES (AP) - A law firm has sued imprisoned rap mogul Marion ``Suge'' Knight, alleging he fraudulently sold or gave away property to avoid paying more than $140,000 a judge had ordered him to pay the firm.

Knight, who's serving a 10-month prison sentence, was ordered to pay nearly $142,000 to the law firm of Kopple and Klinger last May for services the firm provided.

In the lawsuit filed Tuesday in Los Angeles Superior Court, the firm claims Knight hasn't paid the debt and has sold or transferred at least four properties in the Los Angeles area for little or no compensation to friends to ``hinder, delay or defraud'' his creditors.

The firm seeks payment for May's judgment and is trying to prevent the properties Knight allegedly transferred from being sold.

Knight, who's been in custody since June 27, was found guilty of violating parole last month for striking a Hollywood nightclub valet. Knight's publicist, Jonathan Wolfson, said he hadn't seen the lawsuit and declined to comment.

An attorney representing the firm also declined to comment.

The properties in Beverly Hills, Malibu and Encino were transferred starting in 1999, the lawsuit alleges. It's unclear whether they were homes or businesses.

In one case, Knight and his MHK Investment company gave away a property in upscale Encino for ``no valuable consideration,'' according to the lawsuit. The recipient was aware of Knight's ``deteriorating'' financial and legal situation, the lawsuit added.
 
Apr 11, 2003
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#2
yeah, if you transfer any of your property AFTER you have indebted yourself and then claim you have no assets to cover your debt, the court will find the transfer invalid and assign the assets back to you.

If he made the transfer before he made the debt, then he's cool, they can't do shit to him.