:::Marion “Suge” Knight has file for protection under federal bankruptcy :::
Marion “Suge” Knight has come forward to speak about his recent decision to file for protection under federal bankruptcy laws. Knight’s new counsel, Larry Nagelberg and Laurence Strick, said Knight and Death Row Records sought protection because of a $107 million dollar default judgment awarded to Lydia Harris, ex-wife of imprisoned drug boss Michael “Harry-O” Harris.
“For the last few years there’s been a stigma attached to Death Row,” Knight told AllHipHop.com in a statement. “People like the Harris’ have been coming out of the woodwork and it’s been like a dark cloud hanging over me. I’ve decided that I’m serving Death Row its last meal. I’m setting a new table.” Knight didn’t reveal what future plans he had for the label or its lucrative catalog.