- View Comments
- Share with Shortlink:
The new CEO of Death Row Records has been granted a temporary restraining order against a Canadian financial company that helped fund the $18 million dollar purchase of Death Row Records out of bankruptcy court.
Wideawake Awake-Death Row CEO Lara Lavi was granted the restraining order against New Solutions Financial Corporation and its CEO Ron Ovenden today (November 19) by the New York Supreme Court.
Lavi was awarded the TRO based on claims that Ovenden and the company’s managing director were illegally diverting assets from the legendary record label.
I’ve been very consistent in my message. I am determined to make Death Row about the artists, their music and their fans while staying grounded to ensure the company’s future. Thus, I am taking the necessary legal steps to ensure this outcome, explained Death Row CEO and President Lara Lavi in a statement to AllHipHop.com.
On November 13, Lavi CEO of Death Row, filed a lawsuit against New Solutions, accusing the company of engage in fraudulent activities.
The temporary injunction will prevent New Solutions Financial from doing business on behalf of Death Row Records.
Death Rows North American distribution partner E1 offered a strong showing of support in relation to the companys dispute with New Solutions.
“E-1 signed its deal with Lara Lavi, the CEO, President and managing member of Wideawake Death Row Entertainment LLC on the strength of her vision, business sense and goodwill in the entertainment industry. I look forward to our continued working relationship, said Rob Scarcello E-1s SVP of Sales and Marketing.

J-Dilla Remembered by Hip-Hop Fans Worldwide; Honored in Detroit with ‘Dilla Day’
EXCLUSIVE: Rap Legend Erick Sermon’s Journey to a Heart Attack and Back
French Montana Talks Diddy “Payoff”, Future of DVDs & Max B., His Love & His Hip-Hop Crush
Top 5 Hip-Hop Moments with Don Cornelius and Soul Train
Watch The Don Cornelius & Soul Train Documentary – A Must SEE!
Hip Hopular Opinion Hosted by Juice aka Ike Love- Suite 302
Hip-Hop Rumors: 2 Chainz Secretly Signed To Def Jam!
EXCLUSIVE: De La Soul’s Plug 1 & Plug 2 Present ‘First Serve,’ “Looks Like We Made It Skit”
Alley Boy Denies Beef with T.I. and Young Jeezy
Slum Village Co-Founder T3 Launches New Men’s Health Initiative
Non Hip-Hop Rumors: Da Brat Gets A Makeover?!?!
Leaders Call Barack Talk 2012 a Success with Over 32,000 Viewers Tuning In
Prodigy Ft. Cory Gunz “Great Spitters” Prod. By Havoc
Twista “Purple Swag Freestyle”
Paul Wall Ft. Killa Kyleon “Bread On The Menu”
Joell Ortiz [BGA] Ft. Jim Jones and Iffy The Badman “I Want It All Remix”
HEATER OF THE DAY: Action Bronson Ft. Rockie Fresh and Macie Stewart “Dear Heather”
Biz Markie Stars in New Scion Documentary