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Judge Postpones Auction of Damon Dash’s Roc-A-Fella Stake. Here’s Why It’ll Now Cost a Lot More

Damon Dash’s auction of his stake in Jay-Z’s Roc-A-Fella Records has been postponed — now, the price will be increased to cover unpaid taxes.

New York City is still seeking an additional deposit of nearly $70,000 more from Dash to cover ongoing child support payments in the future, and wants any payouts from the auction paused until a judge decides the issue. In court filings, his attorney Natraj Bhushan said his client was “not privy to these discussions, had no input on the same, and disagrees with the priority given.” In a statement to Billboard on Wednesday, he said the pecking order had yet to be finalized. The owners of the other two-thirds of Roc-A-Fella — label cofounders Jay-Z ( Shawn Carter) and Kareem “Biggs” Burke — have already attempted to stop the auction, including making changes to the company’s bylaws and intervening in the lawsuit.

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