As reported earlier, the assets of Death Row Records, which included some of the master recordings of Tupac Shakur and Snoop Dogg, was sold to Canadian owned WIDEawake Entertainment Group for $18 million.
After Marion “Suge” Knight declared bankruptcy in 2006, he was forced to forfeit all of his assets down to his drawers.
This past weekend, Marion Knight’s assets were sold in a public auction that took place in Fullerton, California via KMC (Kohn-Megibow Company).
In the following statement made by Knight’s attorney – who arranged the auction to take place - it explains why Knight was charged the heavy fee:
“The representation of the Trustee in this case has been particularly complex due to the individuals involved in the company’s operations and intentionally illicit ‘gangster-style’ business operations of the debtor (Knight).”
Knight also went as far as hiding his “Malibu (California) home, a secret storage locker in Michigan that contained a ‘treasure trove’ of unreleased songs and records of hidden bank accounts – stashed in a southern California warehouse.”
After Marion “Suge” Knight declared bankruptcy in 2006, he was forced to forfeit all of his assets down to his drawers.
This past weekend, Marion Knight’s assets were sold in a public auction that took place in Fullerton, California via KMC (Kohn-Megibow Company).
In the following statement made by Knight’s attorney – who arranged the auction to take place - it explains why Knight was charged the heavy fee:
“The representation of the Trustee in this case has been particularly complex due to the individuals involved in the company’s operations and intentionally illicit ‘gangster-style’ business operations of the debtor (Knight).”
Knight also went as far as hiding his “Malibu (California) home, a secret storage locker in Michigan that contained a ‘treasure trove’ of unreleased songs and records of hidden bank accounts – stashed in a southern California warehouse.”
