Jay-Z Sues Bacardi to Open Up the Books on D’Usse Partnership

Jay-Z needs to know simply how a lot cash his well-known cognac line is making, and he is filed a lawsuit in opposition to his companions at Bacardi to get that info.

In docs obtained by TMZ Hip Hop, Jay-Z’s firm, SC Liquor, is demanding whole monetary readability from Bacardi when it comes to D’Usse … the high shelf cognac model during which Jay and Bacardi are 50/50 companions.

Jay and the booze big have co-owned D’Usse since 2011 … he often shouts out the model in his songs, and even drank it from one in every of his Grammys as soon as to advertise. However, the lawsuit makes it clear one thing about the partnership — formally named D’Usse LLC — is not sitting effectively.

In the docs, Jay-Z’s co. says it wants all books and data, the location of all warehouses storing D’Usse barrels, bottles and equipment … in addition to all information concerning Bacardi’s bodily stock and its stock course of.

It’s unclear what’s prompting Jay to demand this information, however it’s clear there is a degree of mistrust between the companions. One sentence from the docs appears fairly telling: SC Liquor says it wants to “monitor the conduct of [Bacardi’s] business to protect SC’s rights as” a associate in the firm.