Scott Storch is a music producer who has worked with artists that many Maryland readers are familiar with such as Beyonce and 50 Cent. He made headlines when he filed bankruptcy after a cocaine habit helped him blow through a $70 million fortune. His reputation for success attracted two backers who agreed to help Storch repair his career, but they are now filing business litigation against him for breach of contract, fraud and other allegations.
According to the two men, Storch signed an agreement that in exchange for $1 million, a salary and a nice car and home, he would once again begin producing music. As part of the operating agreement, Storch allegedly agreed to return the vehicle if he failed to pass a drug test. At some point, his new business partners began to suspect that Storch was once again using drugs.
Therefore, they demanded that he return the vehicle so they would not incur any liability if he injured himself or someone else while driving it. The men also claim that he stopped working for them and was being lured away by another individual, who is also a defendant in the lawsuit. Storch denies the allegations in the lawsuit, claiming that the agreement is not even valid and that the lawsuit is a publicity stunt.
As would be the case here in Maryland, it will be up to the courts to determine whether the agreement is valid, and if so, whether it was breached by Storch. In the lawsuit, the plaintiffs are asking first and foremost for injunctions against the defendants until the remaining disputes are resolved. This type of non-economic relief is often requested in business litigation in an attempt to stop any further harm against the plaintiffs while the case is ongoing.
Source: Billboard, "Scott Storch Sued by Partners Bankrolling Music Producer's Comeback", Eriq Gardner, Jan. 4, 2016