Chance The Rapper is suing his former manager, Pat Corcoran, for $3million USD (ÂŁ2.2million GBP).
According to his lawsuit, read by NME, the rapper Chancelor Bennett alleges Corcoran used his role as manager to âtrade on Mr. Bennettâs good name for his own benefit, diverting business opportunities to his separate companiesâ.
Bennett also claims Corcoran damaged his professional image by âdemanding and accepting kickbacksâ from those wishing to do business with the rapper.
Per the 34-page lawsuit, Bennett claims Corcoran breached his fiduciary duties as manager by acting without âhonesty, loyalty and fidelity to Mr. Bennettâ.
The lawsuit details instances in which Corcoran allegedly breached these duties. Among them, Bennett accuses Corcoran of exploiting his position as manager to set up a meeting with Live Nation, only to use the opportunity to discuss business interests unrelated to Bennett.
The suit alleges Corcoran implied to Live Nation that they âwould have a much better chance of getting to promote a tour involving Mr. Bennett if it agreed to buy wine” from Mr. Corcoran’s wine label.
Bennettâs lawsuit, filed on February 19, is the latest chapter in the pairâs legal skirmish. After the two severed their professional ties in April 2020, Corcoran sued Bennett for $3million in December.
Corcoran claimed he was owed unpaid commissions relating to Chanceâs 2019 record, âThe Big Dayâ. He also alleged that Bennett ignored his advice regarding the timing of the recordâs release, and then fired him following its lukewarm reception.
Lawyers for Chance The Rapper later said they were âgrossly offendedâ by Corcoranâs suit.
âMr. Corcoran has been paid all of the commissions to which he is legally entitled,â a representative for the rapper said in December.
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