Russell Simmons Owes $3 Million After Failing To Pay Settlements

Russell Simmons is at the hook for tens of tens of millions after failing to pay 3 ladies the settlements they previously agreed upon.

Supply: Frazer Harrison / Getty

 

Three confessions of judgment were filed in New York County Supreme Court docket on Wednesday on behalf of Sil Lai Abrams, Sherri Abernathy, and Wendy Carolina Franco, in line with tales from Selection. The Def Jam founder owes those ladies a whole of $3 million after failing to pay them previously agreed-upon settlements.

The confessions of judgment were part of confidential agreement agreements the women entered into with the disgraced tune tycoon in November 2023. Whereas Simmons agreed to pay each and every lady large sums of money “for claimant’s alleged personal, physically injuries and sickness,” by means of October 1, that date has passed, and he has didn’t pay.

As part of a agreement, Simmons reportedly introduced the confessions of judgment to the plaintiffs ultimate one year. In New York state court docket, they give you the plaintiffs an expedited manner to obtain judgments and to begin the collections process Within the instance of a default, in line with Selection.

Below the settlements, while Simmons didn’t admit to any wrongdoing, he did pledge to pay $1,265,000 each and every to Abrams and Abernathy, and $515,000 to Franco. The bureaucracy don’t state why the original settlements were made.

Abrams has previously alleged that Simmons raped her in 1994. Over the process the former decade, more than 20 ladies have accused the Def Jam founder of sexual attack, at the side of one different allegation this earlier February from a Jane Doe who once worked for his label and discussed that he raped her inside the past due ‘90s.

Simply two days after that lawsuit, one different former Def Jam government named Drew Dixon sued him for defamation after she claimed he sexually assaulted her previous than branding her as a “liar.”

 

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