Daddy Yankee Axes His Label Due To Fiery Divorce Drama

Daddy Yankee remains to be a king of reggaetón, however the Puerto Rican famous person is unfortunately seeing his empire crumble as a result of a nasty divorce together with his ex spouse Mireddys González. Now, AllHipHop stories that he needed to shut down his label, El Cartel Information, as a result of González and her sister’s alleged makes an attempt to place $100 million from the label of their pockets.

DY filed a federal lawsuit in Puerto Rico in search of thousands and thousands, claims he needed to ax the corporate as a result of alleged mismanagement. El Cartel Information formally shut down on April 23 of this yr as a result of difficulties in working the enterprise, responding to audits, and monitoring monetary exercise.

The rationale why is Daddy Yankee’s accusations of knowledge destruction. The lawsuit accuses Mireddys González and her sister Ayeicha locked him out of key emails and deleted 4 years of economic and enterprise historical past. Forensics reportedly backed this up, and Mireddys claimed below oath that deleting emails was extra about defending her privateness reasonably than obstructing proof.

As well as, the authorized submitting alleges that Yankee could not entry his financials for greater than a yr earlier than he took this to courtroom. Nonetheless, when a decide reinstated his full firm management in late December final yr, he says he had suffered an excessive amount of injury already. Moreover, the lawsuit claims federal legislation violations and desires to safe another deleted or disappeared supplies that the González sisters would possibly nonetheless possess.

All this drama began with Daddy Yankee’s divorce submitting final yr, which requested for enterprise data. He accused Mireddys González of attempting to steal $100 million from the corporate and delete numerous data to cowl her tracks.

For these unaware, the retired Latino legend based El Cartel Information again in 2003, letting Mireddys take cost together with her sister Ayeicha serving to out the place she noticed match. It has been a protracted street since then, and nobody anticipated this to end up on this approach. We’ll see if there are another huge updates. For now, it appears to be like like a massively complicated concern of compensation, auditing, monetary accountability, and the stability of affection and work.