U.S. court summons Davido to New York for stealing 2024 soundtrack, failing to pay $45,000 debt
April 11, 2025
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Adidas and Kanye West Settle Legal Dispute, Final Yeezy Stock to be Sold by End of 2024
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CurrentReport Blog German sportswear giant Adidas has officially ended all legal proceedings with American rapper Kanye West, also known as Yeezy, after reaching an out-of-court settlement. The two parties parted ways in 2022 after Adidas terminated its deal with West due to public pressure following his antisemitic comments, which drew condemnation from the American Jewish Committee (AJC).
Adidas CEO Bjorn Gulden confirmed on Tuesday that the company had settled its dispute with West without any financial exchange. “The drama with West belongs to the past. Negotiations and settlements have been done,” said Gulden, refraining from disclosing further details.
In the wake of the 2022 split, Adidas was left with Yeezy stock valued at approximately €1.2 billion (£840 million). Now, with the legal issues resolved, Adidas announced that it will release the remaining Yeezy inventory, aiming to complete the sales by the end of 2024.
U.S. court summons Davido to New York for stealing 2024 soundtrack, failing to pay $45,000 debt
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U.S. court summons Davido to New York for stealing 2024 soundtrack, failing to pay $45,000 debt
Edo, Federal Governments Set Up Fact-Finding Committee on Uromi Killings
President Trump Praises Elon Musk-Led DOGE, Announces Plan to Retain Department’s Services
Anambra Labour Party Holds Factional Governorship Primary, Elects Jude Umejiego as Candidate
Wizkid, Burna Boy, Davido, Tems, and More Win Big at 2025 Africa Arts Entertainment Awards (AAEA)
Paul Merson believes Real Madrid Comeback Still Possible Despite 3-0 Champions League Lead
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