Former G-Unit spitter Young Buck is facing continuing legal problems due to an inability to reach an agreement with 50 Cent.
Buck and Fif couldn't come to terms on a recording contract, and it also looks like one of Buck's former acquaintances may have stolen some of his performance and appearance fees.
"At this time, because no agreement has been reached with G-Unit and Curtis Jackson regarding either assumption or rejection for the recording agreement and/or the publishing agreement, the first amended plan cannot be confirmed," Burton said in court papers filed last week.
"The trustee believes and therefore asserts that there is no reasonable likelihood of reorganization at this point." Further hurting Young Buck's case, Burton said, is the misappropriation of some of the rapper's funds.
"The trustee said that during the bankruptcy, she became aware that "a former acquaintance" of the rapper had his performance or appearance fees wired to an unauthorized bank account opened for one of Young Buck's companies. Unauthorized payments were then made from this account, Burton said, and haven't been recovered while the whereabouts of that former acquaintance remain unaccounted for." (Wall Street Journal)
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