left “This is like stepping in quicksand. It’s shortsighted,”
Steven Goldberg, the lawyer that reps
Lydia Harris (Knight’s former associate), told the
New York Daily News about Knight filing for bankruptcy Tuesday (April 4). “This is a guy who has spent years trying to avoid the microscope of the federal government, now he’ll have them in his books.”
Goldberg said Knight’s filing move will open his books to a federal bankruptcy trustee. The courts can then question Knight in full detail about his assets.
Knight’s lawyer, on the other hand, said his client had to file for bankruptcy to avoid losing control of his
Death Row Records label in a $107 million civil court judgment filed by Harris.
Harris is claiming she helped Knight start Death Row with her former husband,
Michael Harris, an imprisoned drug dealer. Michael Harris claimed to have put up $1.5 million to help fund the label.
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