Former Dame Dash attorney Combat Jack has offered his take on the rise and downfall of the hip-hop mogul, claiming Dash’s business dealings ultimately impacted his current financial troubles.
Jack weighed in with his thoughts with a blog.
“The media is clowning dude for supposedly being broke, for going through a divorce with his wife,” Jack wrote. “I’ve seen him humiliate and disgrace so many people, throw so many souls under the proverbial bus that even then, I knew that the sh*t he’s publicly suffering through now was coming, inevitable, ony a matter of time…Damon Dash might just could come back and land on top again. He’s brilliant like that, and being an a**hole is his strongest suit. But before that time comes, there’s a whole lotta h*ll for him to pay. And in this lifetime.” (Daily Mathematics)
The Roc-A-Fella Records co-founder recently discussed his legal issues and current hip-hop affairs.
My mistake was watching everyone else’s careers and not watching mine,” Dame explained. “After being able to settle my wife’s company, I was able to start doing other things. My first approach was the music business and getting with Jim Jones. At first I wanted to help him because I’ve known him since he was young and me listening to the album and thinking it was really good. I thought it deserved to be heard outside of the urban market. So I spent the last six months doing research, trying to figure out how to use all my resources to blow this out.” (Billboard)
The Harlem-based rap figure’s recent financial problems have been highly publicized.
An August lawsuit claims Dash and wife Rachel Roy have failed to pay due amounts on their luxury Tribeca condos from January to August totaling $7.8 million, which has resulted in the early steps of foreclosure proceedings. Eastern Savings Bank claims the couple agreed to make monthly payments of $78,500 on the properties. (Associated Press)
He was also divorced by Roy earlier this week.
Dash has been slapped with divorce papers by wife Rachel Roy, the Daily News has learned. The stunning fashion designer piled onto Dash’s already sizable stack of lawsuits when she filed for divorce from her husband of four years this month in Manhattan Supreme Court. Ed Hayes, a lawyer for Roy, declined comment, and a Dash spokeswoman did not return calls or e-mails. An electronic record of the case says the divorce is for “nonmonetary relief” and should be resolved by February. (New York Daily News)