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Jermaine Dupri May Lose Song Rights in Lawsuit

Music mogul facing $1.9 million charge

May 31, 2013 4:40 PM ET
Jermaine Dupri
Jermaine Dupri
Prince Williams/FilmMagic

Jermaine Dupri may lose the rights to some of his So So Def label's music thanks to a $1.9 million lawsuit. According to the Atlanta Journal-Constitution, the mogul is being sued by SunTrust bank for defaulting on a $4.9 million loan from 2010.

The bank says that Dupri backed up the loan with copyrighted music from the label, which boasts releases by Xscape, Da Brat, Jagged Edge, Lil' Bow Wow and more.

Jermaine Dupri: Kris Kross' Chris Kelly 'Was a Son I Never Had'

Dupri is no stranger to financial woes, having taken out the initial loan in 2009 to pay off taxes and liabilities; he restructured it the following year. He's also twice faced foreclosure on his $4 million Atlanta mansion, but the sale has yet to take place.

The bank's suit says that Dupri, who has yet to comment, won't incur attorney fees if he pays up within 10 days of the filing.

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Song Stories

“Santa Monica”

Everclear | 1996

After his brother and girlfriend both died of drug overdoses, Art Alexakis -- depressed and hooked on drugs himself -- jumped off the Santa Monica Pier in California, determined to die. "It was really stupid," said the Everclear frontman, who would further explore his personal emotional journey in the song "Father of Mine." "I went under the water. Then I said, 'I don't wanna die.'" The song, declaring "Let's swim out past the breakers/and watch the world die," was intended as a manifesto for change, Alexakis said. "Let the world do what it's gonna do and just live on our own."

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