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Legal
Soulja Boy sues his former manager
By CMU Editorial | Published on Friday 9 December 2011
Soulja Boy has sued his former manager, lawyer Philip Ransom, claiming that he is now being held to, well, obviously, ransom, by “unconscionable, oppressive, and unjust” contracts that he was coerced into signing as a teenager when his music first started to gain momentum online.
In legal papers filed with the Georgia Superior Court the rapper, real name DeAndre Way, says that Ransom exploited his youth and inexperience to coerce him into signing contracts that were “commercially unreasonable” and “contrary to music industry custom and practice”.
Amongst the disputed contract terms Way mentions in his lawsuit are that his former manager gets 5% of revenue in perpetuity for all output created under the management agreement, as well as 50% co-ownership of copyrights.
But Ransom has denied the allegations made against him, and has reportedly filed his own legal papers claiming Way owes him monies from his time managing the rapper.
