News: UPDATE: 50 Cent's Lawsuit Continues, Defendant Testifies
Thursday, Jun 4, 2009 10:15AM
Curtis "50 Cent" Jackson's lawsuit against engineering firm BVH, regarding over-priced repairs made to his mansion, continued Wednesday (June 3) with the company's vice president being called to the stand.
BVH Vice President Greg van Deusen has claimed his company was only required to provide 50 with a basic examination of his home when purchased in 2003.
As the trial continued in Hartford, Jackson's lawyer, Michael Feldman, called van Deusen to the witness stand and said the big issue is the company's claim that it was only hired to do a rough walk-around inspection. "Point to me in the contract where it says that physical observation is limited to a walk-around visual inspection of the property? Those exact words were not used," Feldman said. "What we're trying to do is try to get as close to what we think the real number might be, given very limited information...They also make assumptions...I don't know that they necessarily check every single light switch and every single outlet in a house, for example." (WFSB News)
The company's lawyer argued his client was not responsible for Fif's expensive upgrades.
Mike Tyson's ex wife originally wanted $25 million but 50 Cent bought the home for $4.1 million. The company's estimated that 50 Cent would have to spend around $500,000 in repairs but he ended up spending $6 million on repairs and renovations about half of which went to things which 50 Cent's lawyers say should have been included in the original estimate. BVH attorney Michael Byrne said that 50 Cent's lavish upgrades made the difference and that the estimators are not responsible for the difference. (Luxist)
50 appeared in court on Tuesday (June 2) to testify.
"I would not have purchased the property with $1 million worth of work to do. To be honest I would not have purchased a house with $700,000 worth of damages," he testified. "I would have felt I was living in a construction site." (New York Daily News)
As the trial continues, Fif has reportedly pulled his home off the market.
Rapper 50 Cent's opulent Farmington mansion -- priced at more than $14 million -- is off the market after nearly two years and no buyers, according to local real estate agents. The home, which the famous rapper bought in 2003 for $4.1 million, was for sale for 722 days, first with an asking price of $18.5 million. Late last year, the asking price was dropped to $14.5 million in an effort to attract more potential buyers. In May, the listing contract with Keller Williams Realty's Ridgefield office officially expired, and the property has not yet been re-listed for sale, an agent familiar with the estate said. Keller Williams agents could not be reached for comment Monday. (Courant)