As part of Young Buck’s Chapter 7 bankruptcy liquidation, the rapper’s assets are going on sale.
Among the items included are Young Buck’s songs and royalties. The Wall Street Journal reports that Buck was required to sell all of his intellectual property, which court documents say includes “trademarks and copyrights, all masters, compositions royalties, rights and licenses owned by debtor and all rights of publicity owned by debtor.”
The sale proposed to occur at a May 14 auction at the Nashville law firm of Harwell Howard Hyne Gabbert & Manner. The U.S. Bankruptcy Court in Nashville, Tennessee still needs to sign off on the auction proposal.
A judge ordered Buck last year to sell the intellectual property after he couldn’t come up with a viable business plan for reorganizing his finances.
Written by Jessica Viera