Last month word got out that Cash Money CEO Birdman Williams was losing his mansion… Now he has officially been ordered to vacate…
According to reports:
According to court documents obtained by The Blast, the Cash Money founder was ordered to immediately surrender possession of all keys and security system access to his 7-bed 11-bath 20,000 sq ft compound.
Birdman has been embroiled in a lawsuit with a company named EMG Transfer Agent who accused the producer of defaulting on a $12 million loan. The mansion — which was bought for $14.5 million in 2012 — was put up as collateral for the loan.
The court appointed person that will take control of the residence will also receive all contracts, leases, rental agreements, fixtures furniture and equipment … which includes the super comfy recliners in the theater room and the golden chairs in the luxurious foyer.
The judge made sure that the property cannot be sold or transferred until the entire legal case is resolved, but in the meantime it can be rented or leased.