Usher is suing a bunch of buyers and is trying to recuperate $700,000 of a $1.7 million mortgage. He gave the cash to buy a property for Homage ATL, a brand new restaurant and lounge in Atlanta. Bryan-Michael Cox says he’s a minority investor, however Usher is suing him, too.
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Why Is Usher Suing Over A Restaurant Mortgage?
In late 2024, three males approached Usher with their plan to open the restaurant and lounge. The plan concerned the acquisition of a business property within the metropolis’s Buckhead neighborhood, based on the lawsuit. Usher declined to put money into Homage ATL, however he agreed to mortgage the group $1.7 million towards buying the property. Usher despatched the cash to the belief account of Atlanta lawyer Alcide Honoré, who represented a few of the buyers. Honoré is known as as a defendant within the lawsuit.
After the deal by no means materialized, Usher requested that the group return his cash. He was repaid $1 million in August, however communication then broke down. He has been unable to gather the remaining $700,000, the lawsuit states.
Bryan-Michael Cox Affirms Friendship With Usher Amid Lawsuit
One of many defendants named within the lawsuit, Bryan-Michael Cox, mentioned on Instagram that he’s “a passive minority shareholder” in one of many corporations concerned. Additionally, Bryan-Michael mentioned he’s realized to be selective about enterprise companions, “Regardless of how small the funding.”
“I’m at the moment in the midst of a dailed deal that I didn’t orchestrate, and whereas the state of affairs has been disappointing, I do know my title shall be cleared by either side. It’s simply unlucky that this readability didn’t come sooner.”
Whereas he didn’t specify whether or not that was shade at any explicit associate, he did make clear he’s nonetheless cool with the ‘Confessions’ famous person. For many who don’t know, Bryan-Michael Cox and Usher have made magic collectively for many years within the songwriter-singer area.
“Whereas I’m unable to share extra particulars proper now, I wish to make one factor completely clear: my 27-year friendship with Usher stays absolutely intact.”
What About The Different Defendants?
In the meantime, Alcide Honoré on Wednesday referred inquiries to his legal professional, Clifford Hardwick IV. Honoré connection or historical past with Bryan-Michael Cox and Usher is unclear.
“I’ve no substantive remark relating to a matter that’s in litigation,” Hardwick mentioned in an e mail to The Related Press. “Nonetheless, I’m extraordinarily assured that Mr. Honoré shall be vindicated as to any civil legal responsibility on this case.”
As for the 2 different defendants, courtroom information don’t listing legal professionals for the lads from metro Atlanta.
Related Press contributed to this report.
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