Damon Sprint is headed for an additional monetary reckoning, as a federal decide dominated on Wednesday that the general public public sale of his property can transfer ahead, regardless of his submitting for private chapter final month with over $25 million in debt.
The choice, issued by Justice of the Peace Choose Robert Lehrburger, permits collectors to proceed promoting off property linked to Sprint’s firm, Poppington LLC.
That features movie rights, copyrights and different enterprise holdings. Whereas Sprint’s private enforcement proceedings are paused resulting from his September 4 chapter submitting, the courtroom discovered no cause to halt the sale of company property that has already been turned over to the U.S. Marshals.
“Enforcement proceedings aren’t stayed as to Defendant Poppington LLC. Public public sale of Poppington’s movies and copyrights could proceed. Additional, public public sale of Sprint’s property that have been assigned to the U.S. Marshal earlier than September 4, 2025, could proceed. Project is a switch of possession. Sprint has offered no authority that will bar public public sale of property assigned to the U.S. Marshal earlier than the chapter,” the Choose wrote.
The ruling is the most recent blow in a long-running authorized feud between Sprint and leisure financier Christopher Brown.
Brown has a number of judgments in opposition to Damon Sprint. One of the outstanding instances includes Muddy Waters Footage LLC, which claims Sprint hijacked a movie challenge, “Pricey Frank/The Record.”
The lawyer gained $850,000 in addition to a $4 million defamation default judgment, resulting from Sprint’s feedback about him on an episode of Earn Your Leisure.
Brown has been instrumental in pushing two separate auctions focusing on Sprint’s holdings — the latest one centered on Poppington’s catalog and mental property.
Brown additionally performed a key position in a 2024 public sale involving property from Roc-A-Fella Information, the legendary Hip-Hop label Sprint co-founded with Jay-Z and Kareem “Biggs” Burke.
That sale adopted a courtroom determination granting the State of New York partial rights to the label’s solely asset, Jay-Z’s traditional album Cheap Doubt. The state finally secured a profitable bid, buying a fraction of Roc-A-Fella’s legacy.
Damon Sprint’s monetary points have been ongoing for years, stemming from lawsuits filed by Christopher Brown and unpaid money owed, primarily tax-related.
In line with courtroom filings, Sprint is required to submit updates on his chapter each six months. He’s additionally required to inform the courtroom instantly if his case reaches some extent the place the keep on enforcement might be lifted.
