• Home
  • NEWS
  • SPORTS
  • ENTERTAINMENT
    • POWER HOUSE
    • MUSIC / VIDEOS
    • MOVIES / TV
  • LIVE
  • Contact Us
Facebook Twitter Instagram
Trending
  • Rihanna, A$AP Rocky attend ‘Iconic’ Beenie Man show in Barbados
  • Beenie Man injures ankle in bike crash — source
  • Will Smith Says He ‘Understands’ If Moviegoers Aren’t Ready to Watch New Film After Oscars Slap
  • Will Smith says bottled rage led him to slap Chris Rock at the Oscars
  • Drake Gifts DJ Khaled with Toilets
  • Soca Invasion Brings Caribbean Culture to Ghana in January
  • SVG days away from exporting first legal shipment of medicinal cannabis
  • Protect yourself and use condom properly- AIDS Secretariat
Magic 103.7
  • Home
  • NEWS
  • SPORTS
  • ENTERTAINMENT
    • POWER HOUSE
    • MUSIC / VIDEOS
    • MOVIES / TV
  • LIVE
  • Contact Us
Magic 103.7
Home»Entertainment»T.I. files for bankruptcy over failed restaurant
Entertainment

T.I. files for bankruptcy over failed restaurant

By Magic 103.7May 9, 2018Updated:May 9, 2018No Comments1 Min Read
Facebook Twitter WhatsApp Reddit Pinterest LinkedIn Telegram Tumblr Email

T.I. just paid off over $1 million in back taxes, but his finances still aren’t in the clear.

The rapper, born Clifford Joseph Harris Jr., and his business partner Charles Hughes filed for bankruptcy on behalf of their failed Georgia-based restaurant, Scales 925 Atlanta on May 1, according to documents obtained by Page Six on Wednesday.

Hughes filed for bankruptcy himself in April 2018.

The court documents do not list how much debt the company is in, but makes it clear that T.I., 37, only has a 40 percent interest in the company. Hughes has a 40 percent stake, and four other partners make up the rest of the restaurant.

Hughes, who filed the suit, claimed that the restaurant only has $5,000 in assets. They are currently involved in four pending lawsuits.

Source: Page Six

T.I.
Share. Facebook Twitter WhatsApp Reddit Pinterest LinkedIn Telegram Tumblr Email
Previous ArticleUS Coast Guard seizes a ton of Marijuana in Caribbean Sea
Next Article New Music: Luta – ‘Crazy People’

Related Posts

Lil’ Kim Files for Bankruptcy

June 11, 2018

Oldest US Gun-maker Remington, files for bankruptcy

March 26, 2018

JAY-Z Files Trademarks for Restaurant & Department Store

February 1, 2018

Comments are closed.

  • Facebook
  • Twitter
  • Instagram
  • YouTube
Listen To Magic 103.7 Live

Trending

Rihanna, A$AP Rocky attend ‘Iconic’ Beenie Man show in Barbados

November 29, 2022

Beenie Man injures ankle in bike crash — source

November 29, 2022

Will Smith Says He ‘Understands’ If Moviegoers Aren’t Ready to Watch New Film After Oscars Slap

November 29, 2022

Will Smith says bottled rage led him to slap Chris Rock at the Oscars

November 29, 2022

Drake Gifts DJ Khaled with Toilets

November 29, 2022
Magic 103.7 - Today's Music Yesterday's Hits
Today’s Music Yesterday’s Hits
Follow Us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Popular This Week

Rihanna, A$AP Rocky attend ‘Iconic’ Beenie Man show in Barbados

November 29, 2022

Beenie Man injures ankle in bike crash — source

November 29, 2022
Copyright © Magic 103.7 | Designed by Delano Maloney Designs
  • Privacy Policy
  • Contact Us
  • Subscribe

Type above and press Enter to search. Press Esc to cancel.