LOS ANGELES – Lydia Harris may have forfeited her chances at recovering any of her $107 million award from her lawsuit against West Coast rap label Death Row Records by concealing her 1996 bankruptcy proceedings, says the debt assignment company she hired.
Harris won the judgment in 2005 after claiming that her incarcerated husband, Michael “Harry-O” Harris, provided $1.5 million in start-up money for Death Row in return for a 50 percent stake in the label.
Death Row and its co-founder Suge Knight filed for bankruptcy in 2006. Harris made an initial attempt to recover the award in bankruptcy court, but assigned the award to Conquest Media Group in 2007 for a $3 million fee, the complaint states.
Conquest says the assignment agreement included Harris’ promise that she had never filed for bankruptcy. Now, Conquest accuses Harris of fraud and breach of contract, saying that her bankruptcy makes a difficult collection even more complicated. Conquest demands the return of its $3 million.