Lil Durk’s $12.5 Million Exceed Talent Capital Lawsuit Is…

Lil Durk secured a big authorized win after a $12.5 million lawsuit towards him was dismissed as he faces federal murder-for-hire fees.

According to courtroom filings reviewed by Complex, all claims introduced by Exceed Talent Capital towards Durk (born Durk Derrick Banks), his label Only The Family, and OTF Label have been “dismissed with prejudice,” that means they can’t be refiled.

The dismissal additionally specifies that neither facet will recuperate authorized charges, and that Durk has “waived his right to appeal.”

The lawsuit, filed in 2023, accused Durk and his former supervisor, Andrew Bonsu, of fraud over a failed funding involving the rights to Durk’s music “Bedtime.” Exceed claimed it had been misled into believing it bought perpetual rights to the monitor for $600,000, paying $450,000 earlier than discovering Durk’s unique take care of Sony Music’s Alamo Records made the contract invalid.

Exceed stated in 2023 the corporate “received a demand letter from Alamo Records… advising Exceed that [Lil Durk] was signed to an exclusive recording agreement with Alamo and that neither defendants nor [music distributor] Empire possess any right… to assign any interest in the revenue streams generated” by the “Bedtime” monitor.

Meanwhile, Durk is predicted to go to trial for his murder-for-hire case subsequent January. In September, it was reported that the Chicago rapper, who has been charged with conspiracy and intention to commit murder-for-hire, doubtless had his trial postponed in 2026 attributable to its “unusual and complex” nature.