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Damon Dash’s Film Company Fetches $100.50 at Court Auction

The token sale underscores how little Dash’s remaining assets are worth to creditors.

Overview

  • The court auction of Poppington LLC was held to help cover more than $1 million owed from defamation judgments, and only one bidder participated.
  • Mike Muntaser, CEO of Muddy Water Motion Pictures and a judgment creditor, won the auction and described the purchase as a jab at Dash.
  • The sale transferred rights to several titles including Honor Up, Too Honorable, Welcome to Blakroc, and We Went To China: Our Search For Like Minded Individuals.
  • Proceeds from the $100.50 sale will barely affect Dash’s liabilities, with attorney Chris Brown expecting about $33.50 and filmmaker Josh Webber still owed nearly all of his $4 million judgment.
  • Dash remains in bankruptcy after a September filing that listed only a few thousand dollars in assets against roughly $25 million in taxes, child support, and other debts, as Webber and attorney Chris Brown pursue a new $10 million suit over a collapsed film deal.