Overview
- Judge James D'Auguste ruled on Oct. 14 that an alleged oral 10% contingency agreement is void and unenforceable.
- The court denied Sweeney discovery into receipts from Wayne’s master recordings sale and Cash Money/Universal settlements.
- Sweeney may pursue only reasonable fees to be determined through evidence discovery rather than a percentage of post-termination earnings.
- Sweeney had sought roughly $20 million tied to post-firing deals, claims he advanced in countersuits in California and New York.
- Wayne first challenged the arrangement in 2019 as an exorbitant verbal deal, and his attorney Jonathan Davis praised the decision after nearly seven years of litigation.