28
Mar
2017

Mathew Knowles Hit With Lawsuit, Accused of Selling Beyonce Memorabilia & Not Paying Debt

Written by TJB Writer in Blog
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Mathew Knowles, Beyonce

Mathew Knowles Hit With Lawsuit

Mathew Knowles has found himself in new legal trouble. The father of Beyonce and Solange Knowles has been accused of defrauding his ex-lawyers out of nearly 50k, according to a report. The music manager is also accused of selling Beyonce and Destiny’s Child memorabilia in a silent auction, but refusing to use the proceeds of sales to pay off his legal debts.

Mathew Knowles has been accused of defrauding his former lawyers to the tune of $50,000 for refusing to pay a legal bill. However, the suit alleges Knowles was the one who then did not follow through on his obligations, and that the entire sum of money remains outstanding.

The filing claims it was a deliberate act by the music manager, and describes it as: ‘part of a ruse to secure free legal services’.

Mathew Knowles Hit With Lawsuit, Accused of Selling Beyonce Memorabilia & Not Paying Off Debt

Destiny’s Child

Knowles is then accused of holding a secret auction over Super Bowl weekend in Houston this year, where he sold off memorabilia and other items from his time managing Beyonce and the group, Destiny’s Child.

Knowles allegedly hired Lang Ferrer Law in November last year, but then refused to pay them over the course of the following months, the firm alleges in a new suit

Knowles is also accused of selling some of his daughter’s memorabilia in a secret auction over Super Bowl weekend this year. Lang Ferrer’s lawyer in the matter was aware of the sale ahead of time, and a letter sent by the firm to Knowles outlined how it hoped the auction would be used to pay his outstanding bill.

‘Presumably you are liquidating these items to pay debts, including the amounts due to our client,’ the letter sent to Knowles on February 3 read, before it issued a warning.

‘To the extent you may be disposing of these and other assets to avoid your debts and legal obligations, however, we will consider the sale of such items to be fraudulent transfers and will seek all available remedies for same in the event our client’s invoices are not paid as demanded.’

The letter continued on to demand ‘immediate payment’ of the nearly-$50,000 bill.

Knowles was previously involved in a legal dispute last year that saw him accused of refusing to pay up over a settlement deal. Fun Fest Entertainment filed suit against Knowles and his Music World Properties.

The entertainment company had planned to hold a music festival in Houston, taking advantage of the Super Bowl being held in the city, at a venue owned by Knowles.

A lease contract was negotiated in April 2016. However, they say Knowles then entered into a deal with another company to rent out the venue. They originally sued Knowles back in October seeking an injunction that would prohibit him from renting out the venue to anyone else. A settlement was reached between Knowles and Fun Fest Entertainment.

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