A lawyer for Master P contacted AllHipHop.com to state that Master P have saved his unfinished recording studio, after reaching an agreement to pay a Baton Rogue based construction company. The problems started when a judge refused to annul a $190,165 dollar judgment awarded to Charles Carter Construction, which was overseeing the construction of Master P’s $10 million dollar recording complex. The property was scheduled to be auctioned off at a sheriff’s sale on Wednesday February 20th by The East Baton Rouge Sheriff’s Office. According to P’s lawyer, James Holliday, Master P’s company agreed to pay the construction company $137,000 to prevent the Sheriff’s sale. "It’s done-over with," Holliday told AllHipHop Wednesday. "Master P has invested several million dollars in this property, so it made no sense to lose it for this amount of money." When asked what P planned to do with the massive complex, his lawyer wasn’t exactly sure. In more positive news, Master P will visit a Baton Rogue elementary school and spread his wealth around. Earlier in the year P agreed to give 300 hundred children fresh one hundred dollar bills if they maintained honor roll status. P will be giving the money to the students next month.
A lawyer for Master
P contacted AllHipHop.com to state that Master P have saved his unfinished
recording studio, after reaching an agreement to pay a Baton Rogue based construction
company. The problems started when a judge refused to annul a $190,165 dollar
judgment awarded to Charles Carter Construction, which was overseeing the construction
of Master P’s $10 million dollar recording complex. The property was scheduled
to be auctioned off at a sheriff’s sale on Wednesday February 20th by The East
Baton Rouge Sheriff’s Office.
According to P’s lawyer, James Holliday, Master
P’s company agreed to pay the construction company $137,000 to prevent the Sheriff’s
sale.
"It’s done-over with," Holliday told AllHipHop Wednesday. "Master
P has invested several million dollars in this property, so it made no sense
to lose it for this amount of money." When asked what P planned to do with
the massive complex, his lawyer wasn’t exactly sure.
In more positive news, Master P will visit a
Baton Rogue elementary school and spread his wealth around. Earlier in the year
P agreed to give 300 hundred children fresh one hundred dollar bills if they
maintained honor roll status. P will be giving the money to the students next
month.
