TheNewYorkDailyNews has the scoop:
The news of the downfall came during a pretrial hearing pitting Ginuwine —real name Elgin Baylor Lumpkin — against Robert Reives, executive producer of his hit debut album, “The Bachelor.
“Mr. Lumpkin is very close to declaring bankruptcy,” Ginuwine’s lawyer, Bruce Beckner, said. “He owes my firm a ton of money and a bunch of other people a ton of money. He owes Uncle Sam 300-odd thousand dollars in back income taxes.”
Beckner attributed the money trouble to a recent divorce from his wife, the rapper Solé.
Reives says he is owed royalties from a $1.25 million five-album deal Ginuwine signed with Sony, and seeks as much as $250,000.
Ginuwine argues that Reives’ claim falls outside the statute of limitations, and that he isn’t owed anything. The two sides will argue their case in Manhattan Federal Court Monday. In a deposition, he described Reives as someone who was hard to work with and contributed little to his first album. “The bumping of heads, the disagreements were because when we were (going) to places I would be on time and he wouldn’t be,” Ginuwine said, according to papers.
“I felt like … this would hinder my career from furthering if I continued to deal with this.”
On the TJMS this morning they were saying he has 9 kids and with child support and possibly alimony, his funds are slim. Broke with all those children. His celebrity status surpassed his bank account a long time ago. . Sad! I’m surprised about him and Sole divorced…
He didn't sign a prenup????
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