10 August 2009 12:16

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PRINCE - PRINCE CAUGHT UP IN $300,000 LAWSUIT

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Caption: Prince (Picture) Coachella Music Festival 2008 - Day 2 Indio, California ....

PRINCE CAUGHT UP IN $300,000 LAWSUIT

Pop star PRINCE is embroiled in a lawsuit after allegedly failing to collect a $300,000 (£200,000) security deposit from a house he was renting.
The Purple Rain hitmaker was paying $150,000 (£100,000)-a-month to stay in a luxury property in Los Angeles and left without picking up his $300,000 security bond, according to legal papers obtained by TMZ.com.
Property agents 3121 Rep Inc., the company which brokered the lease for Prince, filed a lawsuit in June (09) suing the owners of the house in an attempt to get the money back.
But the homeowners want to give the money straight back to Prince, insisting the superstar made all the payments himself, and claiming 3121 was just a third party in the arrangements.
The two sides are now suing each other, with 3121 demanding the $300,000, while the owners of the L.A. property want their lawyer's fees paying.


10 August 2009 12:16


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