Beyonce Sued for Breach of Contract
Icon Entertainment announced that they have filed a $1.5 million dollar lawsuit against singer Beyonce Knowles, her mother/manager Tina Knowles and Wear Me Apparel Corporation. The company filed suit on Wednesday (July 19) New York State’s Supreme Court for breach of contract.
According to the Icon’s CEO, Greg Walker, Icon helped secure a $15 million dollar deal for Beyonce to create her House Of Dereon clothing line with Wear Me Apparel Corp., but has not been properly paid by the Knowles’ or Wear Me Apparel for his role in facilitating the business relationship. “Beyonce and Tina Knowles agreed on the terms of our business relationship, but have failed to properly compensate me for reasons unknown to me,” said Walker in a statement. “I just want to receive my fair share and move on with my business.” Wear Me Apparel, who is also named in the lawsuit, has only paid Icon Entertainment $85,000 to date for their services.
- Baller Status