Former G-Unit member Young Buck continues to face a lot of legal problems due to not being able to reach an agreement with 50 Cent. According to Chapter 11 trustee Jeanne Burton, 50 Cent's lack of interest in reworking Buck's recording contract has lead to many problems for the Memphis-Ten-Na-Key rapper.
"At this time, because no agreement has been reached with G-Unit and Curtis Jackson regarding either assumption or rejection for the recording agreement and/or the publishing agreement, the first amended plan cannot be confirmed," Burton said in court papers filed last week. "The trustee believes and therefore asserts that there is no reasonable likelihood of reorganization at this point." Further hurting Young Buck's case, Burton said, is the misappropriation of some of the rapper's funds. The trustee said that during the bankruptcy, she became aware that "a former acquaintance" of the rapper had his performance or appearance fees wired to an unauthorized bank account opened for one of Young Buck's companies. Unauthorized payments were then made from this account, Burton said, and haven't been recovered while the whereabouts of that former acquaintance remain unaccounted for. (Wall Street Journal)