Jay-Z has reportedly sued Bacardi to gain financial transparency in his partnership with the company.
SC Liquor has reportedly demanded total financial transparency from Bacardi about the partnership with D’Usse, in which Jay-Z and Bacardi are equal partners. The two have been in business since 2011, and Jay-Z is reportedly asking for all the records, locations of the warehouses storing D’Usse liquor barrels, accessories, and bottles. Additionally, SC Liquor is requesting information related to the inventory process and physical inventory.
Another part of the document filed found SC Liquor saying they need to “monitor the conduct of [Bacardi's] business to protect SC's rights.” In the past, Jay-Z shouted out D’Usse on numerous songs and drank the cognac out of one of his Grammys. News of this comes after Jay-Z was awarded almost $7 million in a perfume lawsuit.
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