Rihanna
A story is floating around the press regarding
singer Rihanna being offered and accepting a $ 10,000,000 settlement
from her former accountants. However, standard non-disclosure
clauses forbid litigants from disclosing the settlement sum they
received and most of the terms surrounding the legal agreement. Then
a judge, who has the legal authority to sign off on or reject the
settlement, approves the agreement. That’s how the legal system
works. I’ve signed legal settlements and know others who have as
well and you are not permitted to disclose the settlement figure.
That’s the national standard.
So how did the alleged $10,000,000 figure get into
the papers. For Rihanna and her camp to have leaked it would mean
defendant Berdon LLP could sue and get their money back, as the
disclosure on her end would be a violation of the settlement terms.
Furthermore, Berdon LLP would be sued by other clients for
$10,000,000 believing they gave Rihanna a $10,000,000 over what was
standard accounting advice. It would be an unwise and unorthodox
legal move for Berdon LLP to publicize the terms of the settlement,
as it would harm their company in several ways, leaving them open to
liability lawsuits.
Actually, I heard the settlement offer Rihanna was
given was in the mid six figures, not seven as her camp is claiming
(typical Kabbalah Center member - like Madonna claiming Microsoft
gave her $10,000,000 for an advertisement, which prompted Microsoft,
to her shock and embarrassment, to come out and publicly state they
didn’t give her anywhere near that figure). Rihanna is also the same
individual who lied about her net worth during a Twitter fight with
Teyana Taylor, claiming it was $90,000,000, when in actuality it is
not even the $44,000,000 she is now claiming. The figure is based on
approximates and over inflated tangible and intangible assets she
claims she owns.
Rihanna claims, Berdon LLP, misled her into buying a
home, by stating it was a good investment. That was not bad advice.
As a general rule, buying a home is a good investment. It’s better
than paying rent. When you buy a home, money accumulates in equity
in a property via monthly mortgage payments. However, Rihanna, who
should have had the home inspected and appraised, as is the national
standard, managed to buy a house with significant defects. That’s
why people hire inspectors and appraisers.
Berdon LLP maintained that Rihanna and her managers
overspent, dumping profits back into her career, which hit the skids
after the Chris Brown domestic violence incident. Yes, Rihanna has
had number one records since that time, but it was due to payola,
which is alive and well. Rihanna’s music does not shift big numbers
like Taylor Swift or Susan Boyle. Many dates of her arena tours were
cancelled or suffered from poor ticket sales.
All Rihanna and those working with her have done
from day one of her career is steal copyrights (she has lawsuits
against her in court and others at pre-filing stage), after landing
a record deal from having sex with Jay-Z as a 16-year-old minor (in
a relationship that is ongoing and adulterous). There is no honor
among thieves. So it’s no surprise, many of those same people robbed
Rihanna, after she robbed others.
