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Filed in New York State's Supreme Court, the suit alleges that Icon CEO Greg Walker was not fully compensated by Beyonce, her mother/manager Tina Knowles and Wear Me Apparel Corp. after securing a $15 million dollar deal between all aforementioned parties to create the "House of Dereon" clothing line.
Walker claims that in August of 2003 he was hired by the Knowles to secure endorsement and licensing opportunities to increase Beyonce's profile.
According to Walker, Tina Knowles issued him two payments totaling $25,000 on behalf of her daughter for his role in securing the deal with Wear Me Apparel Corp., but failed to pay the remainder of his fee as previously agreed upon.
"Beyonce and Tina Knowles agreed on the terms of our business relationship, but have failed to properly compensate me for reasons unknown to me," said Walker via statement. "I just want to receive my fair share and move on with my business."
Wear Me Apparel Corp., who is also named as defendants in the lawsuit, only paid $85,000 to Walker for his services. He is also suing the company for $1.5 million for failing to make proper payments.
Beyonce Knowles has been hit with a $1.5 million lawsuit by Icon Entertainment for allegedly breaching a contract for her House of Dereon clothing line.
Whitney Houston is selling her old marital home.
The 'I Will Always Love You’ singer is selling the luxury five-bedroom property – where she wed Bobby Brown in 1992 – in New Jersey for just $2.5 million, less than half its estimated worth of $5.6 million.
The 46-year-old singer - who currently lives in Los Angeles with daughter Bobbi after divorcing Bobby in 2007 - hasn’t lived in the house for some time.
During the last years of their marriage, Whitney an read more
Jay-Z Enlists Dr. Dre For New LP, Plans Thanksgiving Release
Word is
Jay-Z will soon be coming out of retirement and
has been working on a new album with A-list producers like
Dr. Dre,
The Neptunes,
Cool & Dre,
T read more
Jennifer Lopez will appear as a judge on the finale of the fifth series of US TV show 'Project Runway'.
The 39-year-old star is set to start shooting on Friday although the show's bosses are yet to confirm her involvement.
'Project Runway' judge Nina Garcia, who is the Editor-at-Large of America's Elle magazine, said: "The finale is going to be unbelievable. The guest star is one of the most iconic women around. It's going to take the cake."
#4 Author: (11 Aug 2009 20:55) Beyonce Slapped... With Breach of Contract Lawsuit
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#2 Author: (14 Jul 2009 04:03) Beyonce Slapped... With Breach of Contract Lawsuit
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Whitney Houston is selling her old marital home.
Jay-Z Enlists Dr. Dre For New LP, Plans Thanksgiving Release
Jennifer Lopez will appear as a judge on the finale of the fifth series of US TV show 'Project Runway'. 
