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SCOTT STORCH FORCED TO MAKE GOOD ON LOAN
Source: eurweb.com
Posted on: February 27, 2008 09:29 PST
Filed under: Rap, R&B

SCOTT STORCH

Hit-making producer Scott Storch took a hit to his pockets last week in a lawsuit over a $100,000 loan.

       David Menefield, owner of the LA Confidential label and former manager of rapper Nocturnal, says he has yet to be repaid on the $100,000 he lent Storch's Tuff Jew Productions in 2003 to prevent the foreclosure of his home, reports allhiphop.com.      

       The May 2007 lawsuit also claims Storch never repaid other portions of the loan agreement, including four promised tracks for Menefield's artist, which were valued at $100,000 dollars a piece.            

       A judge ruled in Menefield's favor on Feb. 13, ordering Storch to pay $509,717, which includes the $100,000 principal amount plus a total of $400,000 for the four tracks and attorney fees.       

       "Scott Storch never had the courtesy even to call me and speak to me directly about this matter after I asked to be repaid," Menefield told allhiphop.com. "I had to hire my tough Jewish lawyer Bret Lewis to beat the $509,717.50 from Scott Storch and Tuff Jew Productions in court.

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