Company can’t seize Lil Wayne’s assets

A Miami-Dade County Circuit Court judge turned down a request by a private jet company to have court officers force open the door of rapper Lil Wayne’s Miami Beach mansion and seize assets. Miami-based Signature Group, which owns the diminutive singer’s leased Gulfstream II, sued the singer after he stopped paying the $55,000-a-month lease, according to the lawsuit. Signature won $2,003,200 from the Lollipop singer, including interests and attorney’s fees. That was Sept. 2, and Lil Wayne, whose real name is Dwayne Carter, has not yet attempted to pay. According to paperwork in the court file, the singer is trying to transfer assets of his Young Money Entertainment company to somebody else. So on Sept. 28, Signature tried to obtain a “break order” that would allow court officials to “break down the gate and doors to the residence at 94 LaGorce Circle if they encounter security or house personnel that lock down the property,” according to records. The order would give the Signature lawyer full access to the main house, the garage and the grounds to inventory items to be seized. Circuit Court Judge Robert Luck denied the motion. “There has been no evidence,” his denial reads, “that there are seizable assets in the debtor’s home.”

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