Claims Deadline Set in Death Row Bankruptcy Case
Parties seeking to file claims against Death Row Records or Marion “Suge” Knight must do so prior to an October 31st deadline recently imposed by a Los Angeles bankruptcy judge. Knight filed for Chapter 11 bankruptcy protection on April 4th of this year, citing over $137 million in debt and $4.4 million in assets. In early 2005, Knight was ordered to pay Lydia Harris, the wife of incarcerated drug kingpin Michael 'Harry-O' Harris, $107 million in punitive and economic damages after Harris claimed that Knight shut her out of Death Row Records after she helped found the label. When Knight failed to show up to several court appearances, a default judgment was issued against him and Death Row and the company was placed in receivership. Todd Neilson, the Chapter 11 trustee of Death Row, commented "We believe that it is vital that all parties asserting claims come forward and assert them in a timely manner so that Death Row can come out of Chapter 11 quickly."