Notice: Undefined offset: -1 in /homepages/42/d702806176/htdocs/Demo-Floss/wp-includes/post-template.php on line 325

Notice: Undefined offset: -1 in /homepages/42/d702806176/htdocs/Demo-Floss/wp-includes/post-template.php on line 325

Jay Z Wants Iconix Lawsuit Paused Due to Lack of Diversity in Arbitrators – Details Here!

November 29, 2018
833 Views

Jay Z is currently engaged in a lawsuit filed by Iconix Brand which could cause the mogul over $200 million. You would think that as rich as Jay Z is he would have no problem with getting a fair fight in such matters. Pause, because it appears money can buy you everything except diversity and potentially partiality in court and or during a lawsuit or arbitration. The case filed by Iconix Brand against Jay Z, claims that they paid $204 Million for the Roc Nation logo‚Äôs merchandising rights. But according to documents filed, they’re suing Jay Z for continuing to use the logo which appeared on Major League Baseball gear without their permission.

Jay Z, his attorneys and the complainant, Iconix agreed to have the case heard by an arbitrator. The court gave them until November 30 to find an arbitrator who would hear the case and settle the matter for both parties. The problem is according to Jay’s lawyer’s, Alex Spiro of Quinn Emanuel Urquhart & Sullivan, they fear he may not get a fair hearing. It turns out that out of 200 arbitrator selected as part of their list to select from, none are African-American. Therefore, they have issued a request for a restraining order which would pause the proceedings until they can find more diverse arbitrators which they fell would assure the star a fair hearing in the case.

You may be interested

Black Tech turns down $2.5 Billion to lift up Blacks in Technology
Business
692 views
Business
692 views

Black Tech turns down $2.5 Billion to lift up Blacks in Technology

ameliaismore - March 15, 2021

By Ameliaismore ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬†In the world of…

New Luxury Corporate Travel During the 2020-21 Pandemic
Entertainment
526 views
Entertainment
526 views

New Luxury Corporate Travel During the 2020-21 Pandemic

ameliaismore - March 15, 2021

by Jean-Hans Fulcher & CharLena Pearson ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬†Are you having…

Dance is to Michael Chambers what Moonwalk is to Michael Jackson…
Entertainment
615 views
Entertainment
615 views

Dance is to Michael Chambers what Moonwalk is to Michael Jackson…

ameliaismore - March 15, 2021

By Jori Jordon ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬†…

%d bloggers like this: